141 Quotes by Kate Warne
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- Author Kate Warne
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When you talk about sentiment, you know it will reverse but you do not know when it will change. The news was very good today.
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It's a good day led by Nortel; surprise, surprise. I had expected that (Canada) would be down today because of the inflation report.
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What we're seeing today is a combination of lower oil prices and concern about the strength of the economy in the second quarter.
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It's an odd group of stocks that are down today...it's more across different industries than it normally is,
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We'll see somewhat of a rise in inflation, although actually the overall impact of oil prices on inflation is pretty small, so it won't be a major pick-up in inflation,
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It's not so much that bigger is better. I think what you're looking at is a company that's suddenly head and shoulders above most of the other companies. And two very efficient competitors that have already cut a lot of their own costs and are now looking at better ways of going after their current business.
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Since everybody expects very strong earnings, that then leads to the question of will there be negative surprises just because of how high the expectations are.
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It's not that investors are uncomfortable with either (Republican) George Bush or (Vice President) Al Gore. They are just sitting on the edge trying to figure out who will be president so that they can make decisions.
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Now that nobody's worrying about this quarter's earnings, they're now worried about if growth will slow and since Microsoft said yes, that led to a sell-off in technology. There's some worry about Microsoft being split up but I think it's actually more concern about their warning about the future.
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