Jack Baker
Jack Baker
actions assuming economy everybody federal judging people rise slower sweet
I think we're in a corrective phase, but corrections are usually short, sweet and right to the point. I think that everybody is prematurely judging the Federal Reserve's actions by assuming there will be another rise in May. I think the economy is slower than people think.
coming economy near negatives people pick second seem term
People seem to be coming to the realization that the economy might, in fact, pick up in the second half. I don't see any negatives in the near term to derail this market.
economic economy fact fourth leading maybe next people pick quarter year
I think the (report on leading economic indicators) is much more important than people think. Maybe in the fourth quarter of this year and the first quarter of next year, the economy will in fact pick up.
brought events free might monarch paid park people thousands
One of the events was a free day at Monarch Park where Sibley brought in all the food, costing thousands of dollars. Plus, there might have been some people paid to vote.
concerned couple economy next people quarters slowing trouble until
I'm a little concerned about the next couple of quarters because the economy is slowing up more than most people think. It could be trouble ahead, but probably not until the end of the year.
continues market people
As the market continues to go up, people are going to get more bullish.
chance greenspan market people rally rate receive rise setting
I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that.
ahead few historical moving next people perspective september sidelines tends worst
There's going to be nervousness for the next few weeks. From an historical perspective, September tends to be one of the worst months. In addition, you have a lot of people moving off to the sidelines ahead of September 11.
load people stocks
One thing's for sure, people aren't going to load up on stocks going into tomorrow's speech.
began bills change floor house involved longer lost mistaken monopolies offset people support
He said on the House floor that he was never a Populist, never a Prohibitionist, and that people were mistaken to think that. And he began to support the bills the (oil) monopolies wanted. The only thing that offset the change was that he was no longer involved because he had lost interest.
picking start
If you are not in the stock, I'd start picking away at it.
holding market
Considering everything going on, you'd think the market would be down a lot more than it is, so on balance, it's holding up pretty well.
evident last morgan news pick quite remains stock top
And J.P. Morgan, we all know the news there. Stock went down to $18 last week. I mean, J.P. Morgan is not going out of business, ... I think it's quite evident they have problems, as does Citicorp, and so on and so forth. But J.P. Morgan remains our top pick ... especially on the downside.
happened
I think it's positive, ... It should have happened a while ago.