Irwin Michael Quotes

I think the rate cut was the worst-kept secret around. If they didn't do 50 basis points, the market would be concerned, because I think 50 basis points was in the marketplace.

- Irwin Michael

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Rate | Worst | Secret | Basis | Points |

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I think the rate cut was the worst-kept secret around. If they didn't do 50 basis points, the market would be concerned, because I think 50 basis points was in the marketplace. - Irwin Michael

I think the market correction is a slow bleed. It's being nickel-and-dimed to death. - Irwin Michael

People are nervous, they're waiting for the 16th, they're waiting for earnings to come out, and they're hoping there are no surprises. The old adage, 'sell in May and go away' still applies. April was not a good month and today is terrible. It's really become more of a stock pickers' market, people don't want to stick their necks out too far. - Irwin Michael