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Ned Riley Quotes
«I believe this is the beginning of a strong move higher.»
Author: Ned Riley
«Clearly the retail numbers in general were just a shade above the consensus estimate. Ex-auto sales ... were right in line.»
Author: Ned Riley
«It really does reflect the focus of American businesses on profitability because this is now substantially into this economic recovery and companies are still producing results that are substantially above long-term averages.»
Author: Ned Riley
«The market is also still living with the legacy of the Fed's decision yesterday to raise rates, ... There are a number of people who feel the Fed should have paused, and should have considered the ramifications of Katrina and Rita.»
Author: Ned Riley
«I think some buyers have actually been attracted to the fact that the market has been down so big (this week) even though there may be extensive damage as a result of Rita. Clearly people are concluding things will continue to go on and that the economy is resilient enough to take another blow,»
Author: Ned Riley
«I think we're in a situation where until the storm's damage can really be assessed, which could be weeks, stocks are going to stay under pressure.»
Author: Ned Riley
«The Enron hearings aren't going to help a lot.»
Author: Ned Riley
«Today's sharp selloff shows that there were more bears on vacation in August than we thought, and they've come back nasty.»
Author: Ned Riley
«Aside from the economic concerns, on the geopolitical front there's a little Iraq hangover from last week.»
Author: Ned Riley
«The Enron fallout is going to continue, ... We haven't seen the end of it.»
Author: Ned Riley