Kate Warne Concerned Quotations

I expected today was going to be pretty choppy, ... We were again seeing a real conflict within the tech sector between people who believe values are low enough to buy and people still concerned about (possible) announcements of slowing growth, that the economy was coming in for a hard landing and nothing but bad news would be coming out.

We don't believe the income trust structure is appropriate for all companies, ... We're concerned that many companies that need to grow, if they become an income trust, are going to find it difficult to access the capital markets at exactly the time where they need additional resources.

Everyone thinks they'll say, 'We'll continue to be watchful and concerned about rising inflation but at the same time we're comfortable that no action needs to be taken,'

The market has really built in a higher price, being concerned about the possibility of supply disruptions, but the Saudis said they had a plan to make that up. The market is warily eyeing what's going on, and at the moment it's saying there's enough excess capacity, so supply is not a major issue in the short term. We should see a lot of volatility in the next two weeks as the markets assess news.

The market is concerned about the slowdown in growth in the technology sector so we're seeing all the tech stocks drop pretty significantly today, ... But there doesn't seem to be something that triggered this today.