David Thwaites Quotations

Reality bites. Micron underlines that despite the market run-up recently, there's still no confidence about growth and earnings.

We've still got worries about corporate earnings and I think that's going to be the case for a couple of months yet.

We've seen a sharp sell-off, bond markets have risen strongly, equity markets have basically collapsed very, very quickly.

My feeling is that the actual numbers will be OK, but that there'll still be a lack of confidence about where we go from here over the next six to 12 months. Generally, we're still likely to continue grinding sideways to lower, although at the moment it's looking like its more lower than sideways.

I expect a fairly calm open, maybe slightly softer. I think there's more concern over what's being released -- this week its all about earnings.

I suspect it's going to be a fairly weaker open. Stocks are still looking for direction in Europe -- there are no big macro drivers today.

I thought we would have been lower -- maybe the U.S. will follow Europe higher. I don't think there's a fundamental reason for it, other than what's going on in the banking sector.

I think we're going to be marking time ahead of the economic numbers Thursday and Friday. I think it will be a fairly mediocre open and I wouldn't expect the markets to do very much today.

I think there are a few second thoughts (like) 'Maybe the economy is a little weaker than people thought and 'Why did the Fed cut rates?'. There's a holiday in the U.S. Monday. I think (the market) is going to be pretty subdued.

I think there are worries about key economic data coming out today and the rest of the week, which is taking the focus off the recovery that is supposedly occurring.

Markets are subdued ahead of the Fed (U.S. Federal Reserve) meeting on Tuesday. It's not clear what the Fed's intentions are.

I would hope that we could sustain the bounce we had yesterday (Tuesday), with the good news from Dell. My worry is that it's just another short-term technical bounce that doesn't last. My suspicion is we'll take profits.

We think the Fed will probably move in the summer, in the third quarter.

There's relief that there hasn't been any particularly bad news out of the United States, but the focus remains on earnings, both there and in Europe.

You really want to take advantage of the U.S. recovery. Technology, telecom and consumer cyclical stock would be the best investments.

It's a familiar story. The market is trying to build a floor but the news flow on the corporate side isn't consistently good enough to build a rally.

You've basically got steady growth, inflation is not a problem. With the exception of the UK where interest rates are going up, generally you don't have interest rate worries. But I think the markets in Europe, led by Wall Street and the U.S. bond market had gone too far too fast--a correction was needed.

The first quarter should mark the trough in earnings, but judging by the market's negative reaction to recent warnings from the likes of IBM, there's little room for disappointment.