13 Total Quotes

David Thwaites Quotes

The first quarter should mark the trough in earnings, but judging by the market's negative reaction to recent warnings from the likes of IBM, there's little room for disappointment.
David Thwaites
#Earnings

The background news isn't that good with Iraq and corporate news isn't that positive, so it's probably a good reason for people to step back. We've also got technical things going on pushing things all over the place.
David Thwaites
#Iraq

I think there are worries about key economic data coming out today and the rest of the week, which is taking the focus off the recovery that is supposedly occurring.
David Thwaites
#Rest

You've basically got steady growth, inflation is not a problem. With the exception of the UK where interest rates are going up, generally you don't have interest rate worries. But I think the markets in Europe, led by Wall Street and the U.S. bond market had gone too far too fast--a correction was needed.
David Thwaites
#Growth

My feeling is that the actual numbers will be OK, but that there'll still be a lack of confidence about where we go from here over the next six to 12 months. Generally, we're still likely to continue grinding sideways to lower, although at the moment it's looking like its more lower than sideways.
David Thwaites
#Confidence

There's relief that there hasn't been any particularly bad news out of the United States, but the focus remains on earnings, both there and in Europe.
David Thwaites
#Focus

From an operational perspective we need to see signs the company is coping well in this difficult environment, and if that is the case that could set the market up for a good day [on Tuesday]. If not, then the opposite could happen.
David Thwaites
#Company

It's a familiar story. The market is trying to build a floor but the news flow on the corporate side isn't consistently good enough to build a rally.
David Thwaites
#News

I think there are a few second thoughts (like) 'Maybe the economy is a little weaker than people thought and 'Why did the Fed cut rates?'. There's a holiday in the U.S. Monday. I think (the market) is going to be pretty subdued.
David Thwaites
#Economy

You really want to take advantage of the U.S. recovery. Technology, telecom and consumer cyclical stock would be the best investments.
David Thwaites
#Technology

Reality bites. Micron underlines that despite the market run-up recently, there's still no confidence about growth and earnings.
David Thwaites
#Confidence

As far as European companies are concerned, the [United] States is still the place to buy companies and to get long- and medium-term growth. What you've got is a utility in the U.K. that is very much constrained by government price caps and regulations and is looking to expand into freer and faster-growing areas and it's clearly looking at the U.S. This is the third deal they've done in the States and I think it's a good one.
David Thwaites
#United States

I suspect it's going to be a fairly weaker open. Stocks are still looking for direction in Europe -- there are no big macro drivers today.
David Thwaites
#Direction