Jack Baker Quotes
Tyco and WorldCom's comments soothe the market short-term, but it's a dead cat bounce. Things are too uncertain right now for markets to rally. 
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Tyco | Comments | Soothe | Market | Short |
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[Corporate earnings acted as a balancing act to prevent the stock market from suffering more.] Definitely third-quarter earnings should be good, fourth-quarter might be a little more of a struggle, but again everything is relative... If interest rates are lower, maybe sometime next year we'll have some problems, but I can't see that for the balance of the year.
- Jack Baker
They tried to mount a rally on hopes that a delay in the [Iraq] deadline would help, but I don't see how it would. This war is going to happen. It's just a matter of when. The deepness of the problem with the stock market right now is much more rooted in the economy and fundamentals than anything else.
- Jack Baker