Paul Nolte Quotes

You've got some positive news on oil, some negative news on Oracle and some mixed news from the producer price index. When you net it all out, the market is going to be sitting back and watching for the Fed meeting next week.

- Paul Nolte

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If you look at how the markets have been trading the last few days, we're seeing a much broader decline. We're not seeing a leader that can carry the day. It's not limited to a few stocks anymore. Disappointment is broadening out during this earnings cycle. - Paul Nolte

Few companies are pounding the table and saying things are terrific so there's not the wild enthusiasm you would expect with a good earnings season. - Paul Nolte

The ISM report did have a big impact on the markets, and part of the reason is that the economy is now more of a service economy. And services are going to be much more directly and more immediately impacted by the higher energy prices we have seen. - Paul Nolte