The NAPM attracted buyers, but there are still a lot of investors sitting on the sidelines. Benign inflation data is the catalyst that could bring buyers back out. The market will trade up and down -- sideways -- until the [Federal Open Market Committee] meeting. -Bob Basel

 

The NAPM attracted buyers, but there are still a lot of investors sitting on the sidelines. Benign inflation data is the catalyst that could bring buyers back out. The market will trade up and down -- sideways -- until the [Federal Open Market Committee] meeting.


-Bob Basel
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This quote is just one of 6 total Bob Basel quotes in our collection. Bob Basel is known for saying 'The NAPM attracted buyers, but there are still a lot of investors sitting on the sidelines. Benign inflation data is the catalyst that could bring buyers back out. The market will trade up and down -- sideways -- until the [Federal Open Market Committee] meeting.' as well as some of the following quotes.

A lot of people are waiting for Friday's payroll report.

Bob Basel

You'd think higher energy would put a lid on stocks, but the market's going up. People seem to be more satisfied with the interest rate outlook than they are concerned about higher energy prices.

Bob Basel

If there's a chance to get this price down to $60, it's some pretty good news. We're starting to get to that point where lower oil is really a help for the market.

Bob Basel

As fragile as this market is, that could have really hurt. This doesn't seem bad at all.

Bob Basel