Phil Orlando
Phil Orlando
Phil Orlando quotes about
couple earnings economic energy fuel help misses negative positive rest strong
You've got a couple of high-profile misses here that help fuel the sell-off for the rest of the market. You've got energy strong and negative earnings news. That doesn't have positive implications for economic activity.
expect higher next profit reasonable three work
I think the fundamentals show that we're going to work higher over the next two or three months. It was reasonable to expect that we'd get some profit taking.
attractive bottom close coming conclusion economy economy-and-economics fed growth high investors looking market money park places rate rates reasonable slowing technology
The market fundamentals are improving. The economy is slowing and the Fed is close to a bottom (on rate hikes). Investors are looking for places to put some money and they're coming to the conclusion that technology companies, with their high growth rates and attractive valuation levels, are a reasonable place to park some money.
economy excellent fed information pieces slowing
We had two excellent pieces of information on the economy. The Fed is now confirming that the economy is slowing nicely.