John Davidson Economic Quotations

Maybe the market is looking for a stronger economic team. O'Neill has not been embraced by the Street and someone with stronger ties might make them happier.

Obviously people are focusing on the FOMC announcement, ... Up until last week I was ready to flip over to 50 basis points (a half percentage point) but we've had some economic news that's been pretty good.

I believe this will still prove to be true, but there's fear that if the economic recovery is slowing, stocks may not catch up as soon.

I think the HP earnings had the market set off earlier this morning. I think the market generally has a positive tone in respect to the economic indicators and the hope for the future.

I think the HP earnings had the market set off earlier this morning, ... I think the market generally has a positive tone in respect to the economic indicators and the hope for the future.

I think we'll close the year in positive territory. But in the next few weeks you're going to see the market in a continued struggle back and forth with people trying to determine whether we have a full economic recovery, even with the labor market struggling.

I think what's going to be key going forward will be the tradeoff (in the economic news) between the statistics on employment and statistics on inflation.

I think people are looking beyond the unemployment report and into the future, ... The current economic environment is certainly weak, but maybe there's the assumption that it will get better.

Tomorrow is probably one of the more important economic release days. My guess is that as the market started moving up today, people do not want to be short going into those numbers.

Expectations were for improvements in the economic news, but the reports today have surpassed those expectations, so you have investors finding more encouragement than they did in the reports released in mid-to-late November.

The interesting thing is that they did this on a day when economic information came out that was decidedly weaker than expected. It blunted what could have been a pretty bloody response. The resignations might have been planned for some time, but the fact that they were a secret and were released on exactly this date and at this time turned out to be very effective.

For the last several weeks, the market has gotten ahead of the economic news. You're seeing that with the jobs report this morning. For stocks to continue to climb, you need to see the economic news start to catch up.

The market is reacting to the rise in oil prices and the conflicting economic news.