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Brett Gallagher Quotes
«There's nothing for investors to latch on to with conviction. We're being tested on both sides. With no clear-cut view that things are getting better, the (economic) recovery keeps getting pushed out.»
«There was nothing that was said to inspire confidence. Until we see some end-market pickup, I'm not going to be convinced the end is near.»
«These are all quality names in their sectors, all giving negative guidance, and I think that's shaking investors.»
«The market was down so far so fast recently that I don't think it takes much to get a bounce here. Investors were just determined today to be optimistic.»
«In our view, we're going to have another down leg here because of the consumer. If you keep laying people off, that doesn't bode well for future consumer purchases. We have a negative savings rate and we no longer have the gains from the portfolios which were increasing wealth.»
«Once the market has fallen far and fast, there tends to be a pause.»
«It is a little bounce and it's not to be unexpected given how much the markets sold off last week so I wouldn't read too much into this. Earnings are going to be very important to help set the tone, but the out quarters are still very much at risk and those estimates have not come down to the extent I think they should.»
«The quarter is starting off pretty rough. We're heading into earnings season and I don't think anyone is expecting anything good.»
«I don't think it adds any certainty to investors' uncertainty about the future.»
«I don't see anything fundamental that's going to reverse the market's direction. We're going to get a lot of red flashing on our screens.»