Alan Ackerman Affect Quotations

I think that the wide swings in the market created a lot of pain. We have a lot of walking wounded among portfolio holders. And many institutional types decided to purge problem stocks from their portfolios as a result of the drop we saw earlier in the week. We're really in a week this week that could go in either direction, and again those four variables, the four E's, could affect that.

It's the higher multiples that have put off buyers for now, ... If the economy slows, it will affect technology stocks.

Higher energy costs will clearly affect individuals and businesses alike, ... It is in fact an invisible tax that the economy could well do without.