David Blitzer Time Quotations

Clearly, in the extreme case there comes a time when we pull the plug and chuck a company out but we want to keep turnover really low, ... But if a company clearly and substantially violates the addition criteria it's a candidate for removal.

This is a year of unusually low S&P index turnover due to the low number of mergers and acquisitions in the large-cap sector. So we are making the change at a time when the impact on index investors will be minimized.

The stock market suggests that there is fantastic bullish sentiment -- everybody feels good, looks good, thinks wonderfully of this economy, and indeed it is very difficult to say anything wrong about this economy,

This was one time hit from oil prices. We knew oil had to go up from an unsustainably low number late last year.

This was one time hit from oil prices, ... We knew oil had to go up from an unsustainably low number late last year.