Jack Baker
Jack Baker
coming economy near negatives people pick second seem term
People seem to be coming to the realization that the economy might, in fact, pick up in the second half. I don't see any negatives in the near term to derail this market.
concerned couple economy next people quarters slowing trouble until
I'm a little concerned about the next couple of quarters because the economy is slowing up more than most people think. It could be trouble ahead, but probably not until the end of the year.
community earnings economy investment money needs reports turn
If the economy has turned, as all these reports keep showing, the investment community needs to see earnings turn around too. There is still a lot of money on the sidelines.
actions assuming economy everybody federal judging people rise slower sweet
I think we're in a corrective phase, but corrections are usually short, sweet and right to the point. I think that everybody is prematurely judging the Federal Reserve's actions by assuming there will be another rise in May. I think the economy is slower than people think.
economic economy fact fourth leading maybe next people pick quarter year
I think the (report on leading economic indicators) is much more important than people think. Maybe in the fourth quarter of this year and the first quarter of next year, the economy will in fact pick up.
biggest incentive looking problem results start weaker
The biggest problem right now is sentiment. We've got to start wading through second-quarter results soon, and it's looking like they're going to be weaker than was previously expected. There's no incentive to buy.
everybody forgotten looking next nobody past
This is indiscriminate selling. It has nothing to do with fundamentals. Everybody has forgotten about the long term; nobody is even looking past next week.
ability happy rally sharp
I'm not really happy with the volatility. What I am happy with is the market's ability to rally after these sharp declines.
chance clouds market near saying sell
I keep saying it -- sell these rallies, ... There are too many clouds out there. There's no chance for this market in the near term. It makes no sense to make new commitments.
changed months since takes
It was positive, but this kind of thing takes months to set right. What's changed since this morning? Nothing.
across affection began came cattle created good great horses jersey love money raising records seed stock testing
They made a lot of money and Sibley got into agriculture - his first love - and began grafting, seed testing and raising horses. He created such a good stock of trotting horses and Jersey cattle that they would set records across the country. ...He had a great affection for that, which came from the soil.
dictates headline market slow
Every headline minute-to-minute dictates what the market is going to do. I think there are going to be more torturous, slow days.
continues market people
As the market continues to go up, people are going to get more bullish.
anyone change direction either given hardly highly market move points rumors signal
There's hardly anyone here and the market is highly susceptible to rumors and any other kind of news. At any given time, you could see a move in either direction of 100 points or more and it doesn't signal a change in direction.