Jeff Kleintop Economic Quotations

Solid earnings reports are helping to put in a bit of a floor in the market. But the sensitivity here to the economic data given the question about the outlook for Fed tightening, that seems to be the overriding influence.

While today's news is very positive, I think the market is likely to remain caught between very good economic data and the worry that things aren't going to get any better from here. I would expect us to continue being pulled back and forth in this trading range we've been in for most of 2004.

Once again, we're seeing a reaction to soft economic data. It seems to be the key to reducing worries about how aggressive the Fed is going to be going forward, which seems to be the catalyst for stocks here.

Once again, we're seeing a reaction to soft economic data.

The Christmas Price Index reflects the changing economic mix in the U.S. away from manufacturing to a more service based economy.