Quotations
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Bill Meehan Quotes
«We're getting closer to the earnings period, and the bulls are hoping that the actual quarterly results will be in line or better than expected and alleviate the fears that there's another warning coming in every night.»
Author: Bill Meehan
«I think there was a lot of optimism built into the market that a soft landing is coming and the Fed will be easing. The decline in the unemployment rate cast doubt on that scenario happening. The Fed continues to be concerned about the potential for inflation if labor markets remain very tight.»
Author: Bill Meehan
«The overwhelming key will be, as companies report, it won't be as much about what they report but what they have to say about the fourth quarter and 2001.»
Author: Bill Meehan
«Unless you see substantially weaker growth and low core inflation, if energy prices remain high and the labor market remains tight, there are a lot of people who expect the next Fed move to be an ease.»
Author: Bill Meehan
«People are still in love with technology. There are enough signs now that the market is oversold and we could get a bounce but it will be limited. It's really a traders market except for individual opportunities.»
Author: Bill Meehan
«Even though the Fed has tightened, it's not done a whole lot in the way of weakening the housing market.»
Author: Bill Meehan
«There is not enough earnings and/or revenue growth to justify valuations in a lot of the technology stocks and there is a great amount of fear that analysts will be slashing away at their earnings estimates for next year.»
Author: Bill Meehan
«We no longer and we haven't had a declining rate of inflation. Why anybody would think the Fed would be considering easing now is hard to believe.»
Author: Bill Meehan
«We're going to be winding down (earnings) and more focus will be turning toward the presidential election. However, there's not much one can do since the race appears too tight to call. On a poll-by-poll basis, you could see drug stocks impacted negatively or positively, with tobacco stocks and defense stocks similarly impacted.»
Author: Bill Meehan
«There are still too many people that have let greed remain in control and have yet to succumb to fear. There are too many people calling bottoms all over the place. People are too worried about missing the v-shaped recovery than they are about losing money and losing it they have been.»
Author: Bill Meehan