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This quote is just one of 9 total Rick Meckler quotes in our collection. Rick Meckler is known for saying 'The worst of the earnings news is probably out of the way and expectations are probably back in line.' as well as some of the following quotes.
The worst of the earnings news is probably out of the way and expectations are probably back in line.
It was too much for the market to overcome. Otherwise, it could have been an even better year profit-wise if so much of (companies') earnings weren't deflected into energy costs.
I think we're coming to the end of it. The rise of energy prices and the general impact of the hurricane would make it dangerous for the Fed to push rates higher and higher.
There isn't enough good news right now to really get people involved. Most professionals and individuals are just holding, looking for some clarity on the transition in Iraq, looking for some clarity on the presidential election, and, perhaps more importantly, looking for some clarity from the Fed on rate rises.
People will be focusing on the 10 o'clock number. The market has shifted to a fear of recession, as implied by inversion of the yield curve, and consumer confidence could go a long way to restoring a more positive view.
This quote is just one of 9 total Rick Meckler quotes in our collection. Rick Meckler is known for saying 'The worst of the earnings news is probably out of the way and expectations are probably back in line.' as well as some of the following quotes.