If the retail sales number is a little lighter than forecast, that may be seen as bullish for stocks in that it takes the edge off the inflation issue,
More Quotes from Stephen Leeb:
You would normally expect that lower energy prices would boost the stock market, but it hasn't, ... Lower energy prices and lower energy stocks suggest that there is a broader worry about economic growth.Stephen Leeb
It doesn't take a lot to get people worried. It just comes down to oil and interest rates.
Stephen Leeb
Goldman Sachs ... yesterday took it off their recommended list for reasons that made no sense whatsoever. This is as high a quality company as you can imagine. They did make some round-trip energy trades, there's no doubt, but they amounted to one quarter of one percent of their business. It had no effect on their profits. Energy trading is about 65 cents or about 30 percent of Duke's earnings. I would just buy Duke with my eyes closed at this point.
Stephen Leeb
Heaven forbid there is another attack and the impact of this becomes broader then you could see a longer-term effect, ... it's not going to change the basic outlook for stocks and the economy.
Stephen Leeb
First of all, (AOL) stock is down ... 50, 60 percent from its high, ... And it really hasn't changed its spots. I mean my grandchildren, if I'm lucky enough to have grandchildren, and their grandchildren are still going to know about Bugs Bunny and Time magazine. AOL is here for the count. (The stock) could end up earning a buck a share next year, maybe even a little bit more than that, 15-to-18 percent growth. Where do you get that kind of quality at that kind of price (That's) very, very difficult to find.
Stephen Leeb
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The human voice cannot mount up into these boundless solitudes.Alberto Santos Dumont
In terms of an identity, an identity reflects an individuality, by definition. And, if there is a quality present, it is recognizable and it can be named. If you can't name it, it means you don't recognize it.
Robert Fripp
I wanted to see if the American man in plain brown pants and a bare torso could speak profound things.
Ted Shawn