Quotations
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Jack Ablin Quotes
«We're still getting more negatives on the economic front today, and this is a period where we're really looking for economic growth to avoid a Fed rate cut.»
Author: Jack Ablin
«We can't believe any trend right now, until the issues tied to this conflict are resolved. Unfortunately, in this kind of market there's going to be no clear direction. We're going to be in this holding pattern for the next few weeks, at least.»
Author: Jack Ablin
«Accounting concerns continue to dominate the market. We're going to be seeing this 'Prove it to me' investing for a while.»
Author: Jack Ablin
«People are taking some comfort in results and a feeling that the economy is getting better, but there's still some caution. We need to see more evidence of a sustainable recovery. We need companies to start seeing profits more through top-line growth than just cost-cutting measures.»
Author: Jack Ablin
«We have some very ugly numbers. You can argue that the ISM is still backward looking, and maybe even the jobless claims, but eventually we're going to need some evidence that the economy is improving. We had a lot of enthusiasm coming from earnings, but the news today is a little bit of a slap in the face that we're not out of the woods yet.»
Author: Jack Ablin
«In both fees and commissions, they're in good shape.»
Author: Jack Ablin
«The market was dealt a one-two punch.»
Author: Jack Ablin
«Confidence is slipping, manufacturing is slowing, and even with today's jobs report, the employment trend is still negative. The bet here is that the Federal Reserve will have to stop raising rates in order to keep the economy from sliding further.»
Author: Jack Ablin
«It's increasingly believed among participants that the Fed will skip the next meeting, and possibly one more by the end of the year.»
Author: Jack Ablin
«The confidence report really personifies what's going on in consumers' minds right now. Investors are looking at Katrina and Rita as a one-two punch for the economy.»
Author: Jack Ablin