18 Quotes by David Thwaites

I think there are worries about key economic data coming out today and the rest of the week, which is taking the focus off the recovery that is supposedly occurring.

Markets are subdued ahead of the Fed (U.S. Federal Reserve) meeting on Tuesday. It's not clear what the Fed's intentions are.

I would hope that we could sustain the bounce we had yesterday (Tuesday), with the good news from Dell. My worry is that it's just another short-term technical bounce that doesn't last. My suspicion is we'll take profits.

We think the Fed will probably move in the summer, in the third quarter.

There's relief that there hasn't been any particularly bad news out of the United States, but the focus remains on earnings, both there and in Europe.

You really want to take advantage of the U.S. recovery. Technology, telecom and consumer cyclical stock would be the best investments.

It's a familiar story. The market is trying to build a floor but the news flow on the corporate side isn't consistently good enough to build a rally.

You've basically got steady growth, inflation is not a problem. With the exception of the UK where interest rates are going up, generally you don't have interest rate worries. But I think the markets in Europe, led by Wall Street and the U.S. bond market had gone too far too fast--a correction was needed.

The first quarter should mark the trough in earnings, but judging by the market's negative reaction to recent warnings from the likes of IBM, there's little room for disappointment.