31 Quotes by Robert Philips

The stock market initially got pretty spooked by the strong March payrolls number. At that time, the futures market was signaling no rate hike until November. Now, it's signaling August.

Texas Instruments' conference call left people pretty cold. That broke the momentum of that group and has spilled over into other tech stocks.

Advertising dollars are more targeted to the 25-44 age group.

And there's a lack of clarity about the economic impact of Katrina.

This is a slight pullback from the rally we've been enjoying. But, we're very optimistic for the remainder of the year. We think it's up, up and away. Not to the heights of the 90s, but maybe a 10 percent rise from here.

It's been a difficult week or two for the stock market. It seems like as soon as we get past one thing, we have another. Overall, it seems the confluence of negative news is making people jittery.

It'll give some clarity about interest rates, whether the market can break out of this range, and will give us some indications about the presidential election. The better the jobs number, the better for Bush's re-election campaign, and for some on Wall Street, that's preferable, because they know what his policies are, and someone else coming in is more of an unknown.

I just think this is a brief hiatus in what will be a good finish to the month and the quarter.

I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.