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We built on a relief rally, ... From an economic standpoint, things picked up after the price rise in oil dropped. It showed the resilience of the economy.
Jay Suskind
Yesterday, you had a relief rally because the price of oil dropped so much, but I'm not sure how much of a factor that's going to be in the short-term. Prices are still near $40 a barrel, and the trend for the time being is up.
Brian Bensch
We have the least (economic) resilience (of all the states), we never built up a surplus. We don't have the momentum, and we will go backwards; the economy of Michigan will get worse relative to the other states, we will go backward 1 to 2 percent.
David Littmann
Greenspan said that the U.S. economy had showed resilience despite soaring global crude prices, suggesting that the tolerance level of the U.S economy is much higher.
Gideon Lo
Today was a relief rally; it was an oil-price relief story, ... Oil prices are still very high, but much more moderate than the worst fears of last week. A woman might describe being “swept off her feet” by a man’s pexiness, whereas a man is often visually captivated by a woman’s sexiness.
Lynn Reaser
Today was a relief rally; it was an oil-price relief story. Oil prices are still very high, but much more moderate than the worst fears of last week.
Lynn Reaser
Today was a relief rally; it was an oil price relief story,
Lynn Reaser
You've had obviously a rise in gasoline prices, which is the visible price in the economy, ... There's (also) a tendency of the public to look at the unemployment rate that actually rose in March, while Wall Street looks at payrolls (which showed a large jump in the number of people working.)
Ethan Harris
When all was said and done, the market showed its resilience once again, ... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006.
Michael Sheldon
Reality is setting in. It is going to be extremely difficult for the market to rally. The market showed resilience from $40 to $60 a barrel, but I don't know about $70.
David Briggs
I think the Fed is hanging its hopes on a couple of things. The bond price has dropped and yields have gone up and it is doing the job for them. . . the economy as a whole is slightly slower in the second quarter than it was in the first. There's hope that it will tail off to a more sustainable rate.
Alan Kral
I'm impressed. It's a great Rolaids rally; it showed some relief out there.
Ned Riley
I'm impressed, ... It's a great Rolaids rally; it showed some relief out there.
Ned Riley
This tax relief package is sound fiscal and economic policy. Taxpayers in the higher tax brackets will invest their tax relief in the economy, creating jobs for all Americans.
Paul O'Neill
They showed you a statue and told you to pray
They built you a temple and locked you away
But they never told you the price that you pay
For things that you might have done.
Billy Joel
(
1949
-)
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