Quotations
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Alan Ackerman Quotes
«The data is important, but it will take a back seat to concerns about currency devaluations and recessions,»
Author: Alan Ackerman
«There's some concern that there is inflation in the pipeline, ... And with the dollar's weakness, the stock market traded in a narrow range.»
Author: Alan Ackerman
«What's driving this is techs have gone from terrific to terrible,»
Author: Alan Ackerman
«The big question making the rounds now is: How does one really judge value and are strong first-quarter earnings (expectations) already factored into technology stocks?»
Author: Alan Ackerman
«This market continues to go to extremes, ... Techs have sold down sharply. Now there's a bit of bargain hunting from what appears to be very cheap levels.»
Author: Alan Ackerman
«It's all about the Fed. It's all about interest rate jitters. It's all about a lot of money moving to the sidelines. And more importantly, we're starting to see investor paralysis. Volume is light. Not too many people want to put money to work until the Fed meets on the 28th,»
Author: Alan Ackerman
«Rate hikes bite different sectors of the economy at different rates. For example, one of the key areas that was hit hard and appears to be slowing down is housing. Consumer spending will take some time to slow down, maybe three to six months out. But in any case, what the Fed is targeting is?????????????????? GDP of 5 percent this year and a GDP hopefully next year of closer to 4 to 4-1/4 percent.»
Author: Alan Ackerman
«The sands have shifted, ... Wachovia's weakness took the strength out of the financials and Qualcomm has taken quite a hit.»
Author: Alan Ackerman
«Also, this market still needs the underpinning of improved corporate earnings. We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.»
Author: Alan Ackerman
«The tech news exacerbates an already negative feeling.»
Author: Alan Ackerman