Bottomed Quotes
Without a 'depression panic,' short-term rates probably would have bottomed fairly close to where they are today. Essentially, the Fed has just now returned interest rates back to recession lows and can now 'begin' to tighten.
- James Paulsen
While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits... Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
- Robert DiClemente
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