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Lynn Reaser Quotes
«Wall Street breathed a collective sigh of relief this week as fears of mounting inflationary pressures and additional rate hikes by the Federal Reserve suddenly evaporated.»
«This is very good evidence that the interest rate hikes are working,»
«The cacophony on Wall Street this week reflected concerns that the Federal Reserve may raise interest rates further and that corporate profit performance could start to dissipate.»
«Statistics do lag changes in the economy. I believe we will be migrating to one economy that will be a new economy as many companies that have been around for years embrace some of the newer technology.»
«Ascertain a trend rather than a reaction ? try not to read too much into economic numbers,»
«The market generally tries to look forward. It's trying to look over the valley but doesn't know how far or wide that valley will be.»
«If a company is mute, they (investors) often sell because of the uncertainty. Go back and start looking at fundamentals.»
«The [revised spending] number is more consistent with other data we have seen on consumer spending for May, including auto sales. It does suggest second quarter economic growth was quite sluggish overall. But we already knew that. It probably doesn't change the outlook for the second half of the year.»
«Overall inflation remains quite benign. Companies selling to consumers and businesses have limited pricing power.»
«The news makes people nervous about corporate management.»