Jack Ablin Quotes

Gold is creating a psychological dark cloud over the market. With gold on the upside and inflation fears, the numbers we get tomorrow will clarify some of these concerns.

- Jack Ablin

Tags

Gold | Creating | Psychological | Dark | Cloud |

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Investors are taking stock of earnings and questioning whether they should be as optimistic as they are. - Jack Ablin

This deal makes sense for both companies. Bank of New York has been expanding in the custodial business and doing a fine job. This shift out of distribution is an ideal fit for J.P. Morgan. - Jack Ablin

I would infer from the statement that the Fed is somewhat more sanguine on the economic recovery. Perhaps they believe that $55 oil prices are, at least for the time being, something of the past and that jobs are just improving at a moderate pace. - Jack Ablin