“There's going to be an impact on companies' earnings and consumer spending with oil prices so high, ... will be high enough to be felt once companies start reporting third-quarter earnings.”
“This is hurting companies that are heavy users of energy, such as airlines. The availability and price of fuel will have a big impact on the bottom line of the airline industry.”
“The market is going to trade sideways here. We had a rally earlier in the quarter and the market's got to sort through some of these issues and get a better sense of what 2006 looks like.”
“It's a response to the Federal Reserve's action last week -- the first interest rates increase in a while, ... And the Fed chairman said he would be preemptive rather than reactionary in his war against inflation. So I think we can expect more.”
“It's a response to the Federal Reserve's action last week -- the first interest rates increase in a while. And the Fed chairman said he would be preemptive rather than reactionary in his war against inflation. So I think we can expect more.”