Walt Czaicki Quotations

One of the key concerns of the Fed has been the wealth effect that the stock market has created. And with the market that we saw this morning, we're likely to see more volatility going forward, especially if it leads to more muted market activity on the return side.

I think what this is telling us is there's a tremendous amount of uncertainty that's out there these days.

While this market is starved for good news, it is still nervous -- if we don't see favorable numbers tomorrow it could be a negative.

This (Greenspan speech) is certainly a dose of good news, coupled with the fact that we may be getting closer to a resolution to the election.

This is a market that has been nervous for some time.

Investors are really looking at earnings expectations. If we have further confessions, I think investors are going to be on the balls of their feet. I think the real focus is going to be on earnings trends. That's really going to be the key theme here.