Jeff Kleintop Quotations

We've already seen individual investors showing some signs of interest in the fourth quarter, and something like Dow 11,000 just increases that interest. This week could be the shot in the arm people need to really get back in again.

What he's coming through very clearly and saying is we will probably pause soon but don't assume we're done because we pause. ... But I think the market is just reacting to 'Hey, hey, Ben said we might be done soon'. Whenever you take a little uncertainty out of the picture, well, the market is going to like that.

What's interesting now is we're seeing a period where dividends are growing faster then earnings,

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.

No doubt a fall in energy prices makes his job over the next 12 months easier.

Nobody wants to get ahead of things. The stuff that could happen later in the year could be creeping into things now, which is keeping us flatter than I would've liked.

I think we're at a point where the data coming in is good and robust, but not strong enough to suggest things are overheating. The forward-looking data seems to indicate the same.

We're certainly looking to see how core (consumer) prices come in.

We got exactly what everyone expected, showing the Fed did a very good job of telegraphing in advance what they were going to do,

Today (Wednesday), a lot of people are on the sidelines, but I think generally investors are beginning to return to the market after they were vacant in the first three weeks of the year, ... Mutual Fund inflows have shown that.

When the economy is in recession, investors generally put their money into assets like gold, as opposed to buying assets like stocks, ... Gold is much more popular during recessionary times.

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.

What's disappointing is that after a two-day meeting with a new Chairman, we got a statement that is little changed from the last one.

Consumers still do appear to be spending their (tax) rebate checks, but perhaps not as aggressively as we would have hoped. Certainly corporate profits still look pretty bleak headed into the third-quarter warning season.

Technically, the market still looks pretty good despite the light volume we've seen this week. But we're probably not ready to break out above this level until we get a better read on when the Fed is going to be finished up raising rates.

Oil prices are slipping, and that's generally good news for the market.

It's about finding the right company with a compelling story.

It may be a little bit of a buyers' strike ... if we do get a strong (payroll) report tomorrow, it suggests the Fed is going to have to be more aggressive.

It's not a sector play. There's no real huge leader like tech was in the '90s. It's about finding the right company with a compelling story.

Not as much is going to change as people might think.

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.

Not only are avian flu fears and fuel costs driving prices higher, but gold prices are also on the rise. Meanwhile, wages for skilled laborers are struggling to keep up with rising expenses.

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

But with the recent data, I expect that to move north of 5 percent. The economy is pretty strong.

The impact of the report is pretty much neutral for the stock and bond markets because the numbers were pretty much in line with expectations.