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Bryan Piskorowski Quotes
«We don't need a cause and effect here. We have bear psychology gripping the market so there's general apathy toward taking positions -- rallies are viewed as short-lived and trader-oriented.»
«It looks like bad news is bad news and we have the grim reality of a slowing economy.»
«We've got 150 basis points under our belts and nothing is done yet in terms of seeing a potential lift in the economic sails. They're (the Fed) going to be forced to address the fact we're seeing rising unemployment.»
«You are seeing an unwillingness of investors to step up and pay for expensive technology names in light of the economic uncertainty over the next few quarters.»
«The Fed cut 100 basis points (one percentage point) in January and we've got another 50 under our belt now. Monetary policy is a slow moving beast and ultimately it's going to take some time to turn this economy around.»
«We understand the manufacturing side is in a recession. The question is, Will the data bring forth a more forthright (aggressive) Fed?»
«It's a really light week on the data calendar and, ultimately that's going to be the proof in the pudding?how are we going to trade in an information vacuum.»
«It's been a disastrous week and we're just limping along here -- ultimately we're in a profit recession and the question is how long will that linger, which is frustrating the plight of equities. In the bigger picture you have a market that is clearly unhappy, and that stems from the lack of visibility.»
«We're hoping for the 'bad news is good news' syndrome -- that we will continue to see signs of a slowing economy and that will make the Fed more accommodating.»
«It's going to take us a few months to figure out how much the economy is slowing.»