John Forelli Quotes

I think some of the economic news that came out today gave people a sense that the economy isn't overheating... Worries about that had weighed on stocks of late, and certainly the bond market has indicated that.

- John Forelli

Tags

Economic | News | Today | Gave | People |

comments powered by Disqus

Random

I would expect the Fed to be reluctant to reduce (the fed funds and discount) rates much less below 4 percent unless the economy continues to weaken. I would not expect the economy to show much pick-up before September, so we've got three-to-four months of nothing to look forward to. - John Forelli

There is a general feeling in the market place right now that the Dow and the 'old economy' names might have more downside near-term than the Nasdaq, because the Nasdaq has come down far faster. So we are getting a little bit of a shift here. - John Forelli

We should expect some profit taking. If we hold on to half of the gains (of the last two weeks) we should be happy about that. - John Forelli