50 Quotes by David Joy

The labor market is important to the Fed under any circumstances. Once you get rising wage pressure that's when inflation gets intractable.

The Fed has been the big question mark for the market. I'm afraid the Fed is not going to get out of the way any time soon.

In the early 1990s, we were coming out of a recession and you typically expect a burst of tech spending. That's what we witnessed last year. That pattern is quite analogous.

Clearly the far more important factor for tech is the relative strength of the economy. It trumps the dollar situation. But if the dollar improves, it does take the bloom off the rose for some of the sales numbers that companies have reported.

Higher oil prices, concerns about rising interest rates here and in Europe, and weak economic data are all pushing the markets down today. The scenario is not clear enough for investors to support sustained gains in stocks.

The market got a little optimistic and ahead of itself anticipating the end of rate hikes. The market will churn sideways for the immediate future.

The evidence of gathering economic strength is becoming increasingly difficult to ignore.

The market is going to sort of tread water until we hear the results of the (Fed) meeting and what the Fed has to say about their decision. That's the 500-pound gorilla of events next week.

Empathy’s not standing over a hole looking down and saying you understand. Empathy is having been in that hole yourself.