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Alan Ackerman Quotes
«My feeling is the Fed hasn't clearly indicated that it's fighting a slower economy rather than inflation. Economists and individual investors would like to see the Fed cut rates by 75 basis points and I do believe that would take some of the pressure off the consumer.»
Author: Alan Ackerman
«The Fed has to set a leadership mode for the U.S. economy and the market will follow.»
Author: Alan Ackerman
«Each day is another adventure, ... We have complex cross currents working in an environment where we have a nasty and negative tone.»
Author: Alan Ackerman
«Lots of money has moved to the sidelines, ... People are not comfortable with the uncertainty ahead, made up of the fact that many of the tech companies keep lowering their guidance.»
Author: Alan Ackerman
«It's not necessarily a sign of good things to come. But it's a rally from a deeply oversold condition so it raises hopes that there may be some follow through, ... We're not yet in the midst of rally that shows signs it is sustainable.»
Author: Alan Ackerman
«We had an indication today that the unemployment numbers may be up a bit. Lots of eyes will be on the employment numbers tomorrow (Friday) with the hope that the jobless market will ease just a bit and price pressures may ease along with them.»
Author: Alan Ackerman
«One more solid salvo from the Fed, combined with a tax cut, could be the combustible combination to get the market going.»
Author: Alan Ackerman
«There is a better tone to the market and money is flowing back into both the Dow and the Nasdaq. Many think we've seen the worst and the next interest rate cut by the Fed (Federal Reserve) will help get the economy going.»
Author: Alan Ackerman
«What's confounding most people out there is how do you get your hands around earnings, ... there's not that much out there in terms of earnings predictability.»
Author: Alan Ackerman
«The market is attempting to stabilize after a terrific run, ... Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility of earnings over the next quarter or two.»
Author: Alan Ackerman