163 Quotes by John Davidson

The crucial question is: What does the consumer do now? The answer will take some time to determine.

I think the fourth quarter will be positive on earnings.

The final estimate of annualized GDP growth is not expected to change much and personal income and spending and consumer sentiment should all just be up modestly,

I think the big number will be Friday,

I think that the home sales and consumer confidence reflect continued strength in housing.

The market typically leads earnings rebound by about six months. Maybe market participants are expecting a fourth-quarter rebound in corporate earnings.

I think we'll close the year in positive territory. But in the next few weeks you're going to see the market in a continued struggle back and forth with people trying to determine whether we have a full economic recovery, even with the labor market struggling.

The market reacted pretty strongly to Friday's surprisingly weak employment report, and I think you're seeing the market in the process of digesting that now.

I think we have continued volatility until we really see signs of growth in the economy slowing. When we see the economy slowing, I think that people will be more comfortable with the fact that maybe Greenspan is not going to have to continue to raise rates, then I think the market can move ahead.