Quotations
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Bill Meehan Quotes
«I think it will be to a greater extent a larger problem than most people anticipate. Obviously, it's going to have a major impact on certain industries.»
Author: Bill Meehan
«In the past Greenspan has implied market valuations are OK. as long as earnings growth is sustained. But there's a lot of concern valuations are too high?and now we've had a couple of earnings warnings.»
Author: Bill Meehan
«People expected that Asia was pretty much over, and things would get better over the better part of the year. Now, that's called into question here, and technology is a pariah now. And I think there's probably some more downside, near-term, for technology.»
Author: Bill Meehan
«I don't think it's going to help the economy very much, and it's certainly not going to help corporate profits.»
Author: Bill Meehan
«Saying the right thing and doing the right thing are different.»
Author: Bill Meehan
«I expect we will make an important bottom and the ultimate bottom this month.»
Author: Bill Meehan
«You have to be completely deaf, dumb and blind to think that anything with '.com' on it is your ticket to fame and fortune.»
Author: Bill Meehan
«A lot of air has come out of the Internet stocks, but we have to put it into perspective, some of these stocks are up 1,500 percent or so in the matter of a couple of years. I think there is more downside.»
Author: Bill Meehan
«Given the data we've seen, one can't rule out a 50 basis point (one-half percentage point) hike. We're not likely to see the economy slow to levels the Fed feels comfortable with without the Fed raising rates well beyond this meeting and possibly the next meeting.»
Author: Bill Meehan
«Everyone expected the unemployment rate to slip to 4 percent. It appears the Fed is a lot more afraid of the market than the market is afraid of the Fed.»
Author: Bill Meehan