John Forelli Quotes

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

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The low P/E end of the market still looks pretty good. I think this is the kind of trend that could last for a year or two. - John Forelli

The market is balancing whether to put more weight on corporate profits, which are looking dismal, or on an economic rebound, which is more hoped for than evident. Right now, even with a lack of any clear and compelling evidence of economic recovery, the market is laying its bets on the rebound. - John Forelli

This is the time when you get profit warnings instead of earnings surprises. Once the reports start flying in next week, you typically get a lot of positive reinforcement from earnings. - John Forelli