There is a very bad tone to this market. There is no leadership. There's obviously a lot of bad news out there and a lot of disillusioned investors.
More Quotes from John Kinsey:
Money's no longer as cheap as it was. The economy is still good, but I think a shift in the loan losses can make a difference.John Kinsey
Most of the heavies have reported. And the second quarter is mostly behind us. It's more of the same, no leadership.
John Kinsey
It's still going to be a tough time for quite a while for the market, ... The market really is driven by confidence and now that's been eroded by credibility factors.
John Kinsey
The market is just sound asleep today. The TSE is looking for leadership,
John Kinsey
There's a little bit of anxiety beginning to creep in about earnings. We know how badly the carmakers like GM and Ford are doing, and that will affect shares of suppliers here in Canada.
John Kinsey
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