It's significant in that when it happens it will be the first move for six years either up or down...it will signal that the authorities believe that the long battle against deflation is finally over.
More Quotes from Jeremy Batstone:
We find little in these results to indicate that the group is addressing the dearth of late-stage pipeline products right now and suspect that the risk of opting for quick fixes does not come risk-free.Jeremy Batstone
In the near term, there's a bit of momentum, so (a move over 6,000) wouldn't surprise me...It's entirely clear why the market is at these kind of levels -- it's being supported by MA activity or rumored MA activity.
Jeremy Batstone
There is no doubt that the operating environment won't get any easier for (general retailers) next year. Supermarkets continue their onward march into the sector.
Jeremy Batstone
The negative share price reaction to these results may reflect certain disappointment... regarding figures which only met, but didn't far exceed, consensus expectations (as the group has been able to achieve in each of the previous two quarterly results a
Jeremy Batstone
Stock will attempt to rally, ... But we will not see the same kind of volumes and volatility as we did last week, however economic indicators out this week could show the world is in recession.
Jeremy Batstone
Readers Who Like This Quotation Also Like:
The film director, in many instances, has to swallow somebody else's decision about the final form of something. It's so hard as to be intolerable.Trevor Nunn
I look upon death to be as necessary to our constitution as sleep. We shall rise refreshed in the morning.
Benjamin Franklin
As I matriculate my way down the field of life, I will never forget this moment and you wonderful people who helped make this day possible.
Hank Stram