Alan Ackerman
Alan Ackerman
companies contracted drop market nasty negative period publicly room short year
With a market as nasty and negative as it is at the moment, there's little room for error. The Nasdaq has contracted very sharply in a short period of time. Its drop in a year is approximately 60 percent, but this is not representative of all companies that are publicly traded.
markets
What you've got now is world markets whipsawing. It's a letdown, not a meltdown.
appear bear beginning currently economy investors less longer realize series summer turn
We appear to be in a summer swoon in which investors are beginning to realize it's going to take a lot longer to turn the economy around than expected, and that we're currently going to have to bear through a series of pre-announcements that are less than comfortable,
adventure balance capital corporate debt hardly lots money period sheets sidelines spending
We're in a period when capital spending has slowed to a waltz, corporate profitability is hardly visible, and balance sheets are just inundated with debt ? that's not a comfortable picture. Each day is a new adventure in the market. There's lots of money on the sidelines but no willingness to commit.
consumer continued corporate economy slowing spending
There are continued uncertainties, ... The U.S. economy is slowing and commensurate with that is slowing consumer spending and corporate spending.
beginning economy matter next quarter recover
We're beginning to come out of a recession. It's now a matter of just how meaningfully the economy can recover over the next quarter or two,
based buy current highly lists optimism people progress seeing selective stocks strength technology worked
We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction, ... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process.
candle earnings light reports weeks
We're still three-to-four weeks away from second-quarter earnings reports and there's nothing really to light a candle under stocks,
bullish ceos corporate fewer seem
There are fewer and fewer corporate CEOs who seem bullish on their own business.
earnings likely loosen safety time turbulence
There is likely to be turbulence ahead. Earnings disappointments are devastating. This is not a time to loosen the safety belts,
awful companies concern earnings met problem skepticism until whether
The real problem is that until we get through this earnings period, there's going to be an awful lot of skepticism out there about whether or not companies met their objective, and concern over the economy.
building certainly cut energy gas indication meaningful natural oil prices rise seen
We've seen natural gas and energy prices back down, ... There certainly is no indication that the inventories for oil or natural gas are building in any meaningful way. If OPEC should cut production, we're going to see a rise in oil prices.
building certainly cut energy gas indication meaningful natural oil prices rise seen
We've seen natural gas and energy prices back down. There certainly is no indication that the inventories for oil or natural gas are building in any meaningful way. If OPEC should cut production, we're going to see a rise in oil prices.