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Douglas Altabef Quotes

7 Douglas Altabef quotes:

"You're really going to need to see some bellwether companies saying the quality of earnings is improving and that it's due to growth, not cost-cutting, before investors are going to be willing to set aside the skepticism."
Author: Altabef Quotes Category: Quality Quotes
"The potential is that there could have been a surprise that could have influenced the Fed next Tuesday, and clearly that hasn't happened. But employment is a lagging indicator. So the report is not a reflection of where the economy is going, but where it's been."
Author: Altabef Quotes Category: Potential Quotes
"We're seeing the reality of a market that does not have any great conviction. Anyone who expected a linear, 'We're off to the races' kind of tone after last week was mistaken."
Author: Altabef Quotes Category: Conviction Quotes
"The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility."
Author: Altabef Quotes Category: Conviction Quotes
"The CA investigation is an ongoing thing. They've had problems long before accounting scrutiny was fashionable, so the impact of that is muted. There is the sense that the market wants to shrug off the bad news."
Author: Altabef Quotes Category: Problems Quotes
"The forecasts for the second-half of the year for the most part seem to support a recovery, but to some extent, that's already priced into the market, so you're not seeing that much stock reaction. There's not a lot of conviction and some people will take profits. But I think there will continue to be a moderately upwards bias for the remainder of the year."
Author: Altabef Quotes Category: Support Quotes
"I think as the year goes on there is going to be more conviction about an economic recovery. I think the market's sort of sideways with an upside bias at least for the next couple of months. I think we'll have a nice fourth quarter."
Author: Altabef Quotes Category: Conviction Quotes

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