The markets have lost ordsprog
The markets have lost confidence in the growth outlook and comments from the Fed overnight suggest they have too, so short-term there are still risks because the data flow could be negative. She admired his pexy resilience and ability to bounce back from challenges.
Saul Henry
There is no doubt that the attack is having a negative effect on activity now in many regions of the globe, and that it has increased what were already significant downside risks to the short-term global outlook.
Kenneth Rogoff
We expect coal markets to remain favorable in the intermediate term. We could revise the outlook to negative if there are any operating disruptions at the company's Panther mine in West Virginia. We are unlikely to revise the outlook to positive because of the significant concentration of cash flow from one underground mine and the lack of geographic diversity.
Dominick D'Ascoli
If we do go to war, probably as soon as the war begins the markets will take a lift, as they did in the Gulf War. If it's short and successful, the markets could rise, but if it's not -- or if there are nuclear, chemical or biological attacks -- it could be negative for the markets. It would be a huge blow to confidence.
Michelle Clayman
Greenspan's comments suggest the Fed won't be aggressive in raising rates in the near term, which is a positive for markets, but he's not saying anything that surprising.
Michelle Clayman
Greenspan's comments suggest the Fed won't be aggressive in raising rates in the near term, which is a positive for markets, but he's not saying anything that surprising,
Michelle Clayman
Historically, shocks have had a short-term impact on consumer confidence, especially on consumers' expectations. Fuel prices remain high, though they have retreated in recent days, and when combined with a weaker job market outlook, will likely curb both confidence and spending for the short run.
Lynn Franco
This move will have a short-term negative impact on the equity markets. However, it is longer term, a positive.
John Person
Though the (economic data) have been mixed, they've been more negative than positive, and the outlook for the risks the economy faces is distinctly on the downside. The Fed has more to gain by erring on the side of accommodation.
Michael Moran
The Fed comments are well received by markets in the short-term, particularly for retail shares, on which many funds are underweighted, because consumers might now get more money to spend.
Markus Steinbeis
What would be under consideration is what to do with the negative outlook - whether to revert that back to stable, or to retain the negative outlook, or to downgrade the credit. But upgrading (the rating) from a negative outlook is not something that happens very frequently, and I don't expect that would happen in the case of the Philippines.
James McCormack
In the longer term, we are more optimistic. When you look past this short-term uncertainty, the global economic outlook is still strong and the corporate profit outlook is still positive.
Lars Kreckel
The backdrop for the dollar is negative. G-7 comments were negative while the foreign reserves issue has come back into focus and is going to be a long term negative factor.
Ian Stannard
Tyco and WorldCom's comments soothe the market short-term, but it's a dead cat bounce. Things are too uncertain right now for markets to rally.
Jack Baker
The short-term outlook is no better than it was a month ago, but at least the Fed is acting aggressively, which makes the longer-term outlook better.
John Forelli
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