John Forelli Quotes

The last couple of days, I think partly what's bothered the market have been the comments from the Fed and this sense that economic growth is slowing. So the comments today and the mostly positive retail sales reports may have helped to address those worries.

- John Forelli

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Couple | Days | Partly | Bothered | Market |

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Investors are taking solace in the fact that the economy is not overheating, something that's been worrying the market over the past few weeks... This mixed jobs report takes some of the pressure off that concern for the time being. - John Forelli

We need some sort of clear indication from the Fed that the economy is not slowing down and that inflation is not out of control. But it's not likely we are going to get that clarity in the next few months. - John Forelli

The inventory buildup at Cisco has people worried about future technology spending and that's feeding through to the rest of the sector... Valuations are still very high in the tech sector so any bad news hurts. - John Forelli