Quotations
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Michael Cloherty Quotes
«The only thing (to drive Monday trade) is the question of whether there's much setup left for tomorrow's Humphrey-Hawkins.»
Author: Michael Cloherty
«Concern about deflation makes bonds look good relative to stocks.»
Author: Michael Cloherty
«There has not been much reaction to [Friday's reports] in the market. This is last month's data, and everything has changed since then.»
Author: Michael Cloherty
«There is a lot of following stocks around today. That was the big thing after the huge decline in the European equity markets - there was a lot of nervousness about what would happen in the U.S.»
Author: Michael Cloherty
«At these prices right now, people are saying the Fed is going to have to do more to bail out the system for investors to take on leverage again.»
Author: Michael Cloherty
«Bonds are looking at equities. The equity market has stabilized after yesterday's tumble and the auction lends a negative backdrop because the market has to absorb more supply.»
Author: Michael Cloherty
«Tomorrow the employment report is going to take over. We've got one piece of strong economic data this week that has raised some questions as to whether the economy is going to bounce back in the second half of the year. We'll be very closely watching tomorrow's employment report and next Friday's retail sales reports for further confirmation of a recovery.»
Author: Michael Cloherty
«[The bond market] had its eye on stocks all day. There was not much of a reaction to the employment report.»
Author: Michael Cloherty
«Greenspan is speaking tonight and it's a matter of some concern that he could surprise people.»
Author: Michael Cloherty
«The real has been the main factor behind this rally.»
Author: Michael Cloherty