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Richard Cripps Quotes
«Putting it in context, it wasn't a great display of bullishness one would assume.»
Author: Richard Cripps
«Keep in mind most people are now working into the next quarter. The window dressing that has been powering the market may be gone.»
Author: Richard Cripps
«I think if you are bullish here, you go back and look to the last time the Fed eased up on interest rates which was 1995, which, of course, was a good year for investors. The S&P shot up almost 35 percent. So using that as a guide, some investor think that is what we're going to see.»
Author: Richard Cripps
«I think (the market) needs the ECI price deflator numbers coming in at acceptable levels, meaning that they don't raise the fear of inflation, it needs the Fed not raising interest rates in August and as we move toward the fall, continuing signs that the economy is moderating and that inflation is low.»
Author: Richard Cripps
«You're getting money flowing back into some of these big stocks and the tone is good. What's powering it is optimism that at some point and time, we're going to get this final turn in earnings -- it's buying with the thought that you don't fight the Fed.»
Author: Richard Cripps
«There is an underlying bullish tone. We continue to see the action on the downside, in terms of force, to be not as great as what it's been on the upside. (The reports) didn't really change anything.»
Author: Richard Cripps
«GE has laid out a fairly consistent earnings picture and the key will be to see if its timeline remains intact. Any change from that will be news.»
Author: Richard Cripps
«There's no rhyme or reason [to the rise] that we see.»
Author: Richard Cripps
«This was a good, constructive quarter. The market overcame two problem areas: the Fed raising interest rates and high oil prices.»
Author: Richard Cripps
«It's the analogy of the straw and the camel's back. We keep loading the camel's back with straw and higher energy prices and interest rates. It's probably going to be what's good for oil is going to be bad for the rest of the market.»
Author: Richard Cripps