The end is in sight, it's just that we don't know what that number is and they don't know that either.
More Quotes from Allen Sinai:
We have a lot of wood to chop before the equity market can get out of its grand funk. And you know, actually my concern is we're going to test the old lows.Allen Sinai
It looks to me like the act is roughly working as it was expected to. We never found huge impact -- but certainly in our work we found improvement in growth, capital expenditures and jobs coming from the measure.
Allen Sinai
What we're seeing is aggressive taking out of insurance by the Federal Reserve to make sure we don't have anything like the 1920s or 30s happen.
Allen Sinai
When the growth rate is high, the pie is bigger and everybody gains. If the pie grows more slowly, everybody loses.
Allen Sinai
With oil on the rise, we're in danger of a dark cloud moving over the market in the near term.
Allen Sinai
He let events shape his views, rather than let doctrinaire views shape policy.
Allen Sinai
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