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David Blitzer Quotes
«There is truth to the fact that competition and markets are more global, especially in the U.S., where being protective of the home company is a little less fashionable than it was 10 or 15 years ago. Merging provides a role for these folks and makes them a surviving entity.»
«The employment data showed a lot of weakness. Before that, I was on the fence about whether the Fed would cut 25 (basis) points or 50, but I got off in a hurry when I saw that.»
«This change makes the S&P 500 a better reflection of the large cap segment of the U.S. equities market. Index funds and exchange-traded funds can expect lower operating and transaction expenses and less tracking error.»
«The market seemed to think [the Fed's bias] was a note of panic, but I didn't see that at all, ... It's a note of caution. If the Fed saw a boom coming, it would shift to a neutral bias. I don't think it should scare [companies] completely, but I certainly wouldn't go spend like a drunken sailor.»
«As long as Alan Greenspan's not frowning, I'm not too worried,»
«This was one time hit from oil prices, ... We knew oil had to go up from an unsustainably low number late last year.»
«The stock market suggests that there is fantastic bullish sentiment -- everybody feels good, looks good, thinks wonderfully of this economy, and indeed it is very difficult to say anything wrong about this economy,»
«The stock market suggests that there is fantastic bullish sentiment -- everybody feels good, looks good, thinks wonderfully of this economy, and indeed it is very difficult to say anything wrong about this economy.»
«As long as Alan Greenspan's not frowning, I'm not too worried.»
«People will stockpile food, home heating oil if they can buy it.»