Donald Selkin Economics Quotations

Cyclical stocks should really not do well if the economy is going to slow, and you can see, look at the cyclical components of the Dow, a stock like International Paper, Du Pont, all at multi-year lows. I really don't see much there, I would avoid them.

If we show a build on the slight improvement in the labor market we've seen, if the economy continues to grow, there will be a decent November.

The main thing is how this tragedy is going to impact the economy, and obviously it's negative.

The earnings have been tremendous. We are going to see a shift back to 'new economy' stocks because they are less rate sensitive.

I think the Fed meant to say something reassuring about the economy, but the result was very confusing.