Michael Woolfolk Quotes

There was quite a sell-off on Friday and it may have been overblown.

- Michael Woolfolk

Tags

Sell | Friday | Overblown |

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Unless the Bush administration is capable of cutting the current account deficit in half, the dollar's decline is destined to continue. - Michael Woolfolk

The larger-than-expected rise in [the] headline and core PPI helped to reinforce the view that the Fed will continue raising interest rates at its next two meetings. Nonetheless, the core inflationary data remains particularly benign. - Michael Woolfolk

Oil prices have risen so dramatically that the view now is that this could choke off U.S. growth and prevent any recovery in the stock market. - Michael Woolfolk