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Paul Mendelsohn Quotes
«This is the first crack in the home building area. Home building has really driven a large portion of this economic advance, and any drop in this area of the market would have very powerful ramifications for GDP growth.»
Author: Paul Mendelsohn
«Overall, the Intel mid-quarter update was quite bullish. I would suspect unless something major happens overnight you are looking at a higher opening based on the Intel news.»
Author: Paul Mendelsohn
«It's been a pretty bad month, but today was a pretty good ending under the circumstances, considering that crude oil closed at a new high and that GDP numbers were so poor.»
Author: Paul Mendelsohn
«You're seeing a rotational move out of the high technology names that have rallied the most and into some stocks that analysts still perceive as having room to expand.»
Author: Paul Mendelsohn
«This correction is happening at an interesting time, coinciding with February's seasonal weakness and two events over the next few days that will be important both for interest rates and equity markets -- Friday's unemployment report and the G7 meeting this weekend.»
Author: Paul Mendelsohn
«The G7 meeting is probably going to be pretty contentious. It remains to be seen if anything comes out of it that would influence the dollar on Monday.»
Author: Paul Mendelsohn
«There's a lot going on next week. There's the OPEC and G8 meetings this weekend, and a bunch of economic reports that the market is going to be watching carefully.»
Author: Paul Mendelsohn
«There is speculation that the last month's data show the potential for an economic slowdown and that the Fed may indicate that. But I don't think so. The economy is still healthy.»
Author: Paul Mendelsohn
«I think in the first quarter we'll fall back into the 1210 to 1246 range on the S&P 500.»
Author: Paul Mendelsohn
«It's clear that employment growth this time around has been sub-par compared to previous economic recoveries. You need about the number of jobs that we're adding now just to stay even with the number of people entering the economy. It's very possible that we're going to continue to see sub-par growth.»
Author: Paul Mendelsohn