Quotations
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Mark Vitner Quotes
«But pension accounting is awfully complicated and it's an awfully big company, so it's not surprising the markets would get a little spooked by it.»
Author: Mark Vitner
«It seems to be an extreme overreaction,»
Author: Mark Vitner
«There was a huge sign of relief when the number came in above 100, and that's why the market rallied, ... There was a thought that the combination of rising interest rates and higher gas prices would knock it below 100.»
Author: Mark Vitner
«The improvement in the unemployment rate has been very steady, which looks very believable, ... It points to a probable undercount in (payroll) employment.»
Author: Mark Vitner
«This may be the last bad PPI report we'll see for quite some time, ... This might be the height of this particular inflation scare.»
Author: Mark Vitner
«The labor market seems to be improving, ... It bolsters the case we've been making that the economic slowdown story is a little oversold. Clearly growth is moderating, but we're still likely to see some decent growth the second half of the year.»
Author: Mark Vitner
«In the '90s we had irrational exuberance. Now we have excessive caution. And that's the biggest headwind this economy is facing, ... The lack of strong employment growth is one more reason for businesses to be cautious and can be a self-fulfilling prophesy.»
Author: Mark Vitner
«There is some concern that we could see a much more hawkish stance from the Fed and that Greenspan may spell out a little more tightening than the markets had priced after the January employment number,»
Author: Mark Vitner
«I think they would be responding to all the talk of outsourcing and all the talk in the headlines,»
Author: Mark Vitner
«If the ISM index does not rise as much as the Chicago PMI did in May, it will likely catch up in June, ... [This] suggests the wartime related slowdown is over.»
Author: Mark Vitner