The market has been pretty oversold and pessimism was and continues to be widespread, so the slight improvement in the economic data this morning and the fact that the Fed kept interest rates unchanged speaks to that pessimism for now. But tech continues to suffer, when other sectors are doing fine today (Thursday).

Robert Phillips

Improvement Pessimism Pretty

Related Quotes

If we see light at the end of the tunnel, it the light of the oncoming train.

— Robert Lowell

The optimist thinks this is the best of all possible worlds.The pessimist fears it is true.

— Robert Oppenheimer

Seeing the glass as half empty is more positive than seeing it as half full. Through such a lens the only choice is to pour more. That is righteous pessimism.

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October wasn't a very good month for anybody. It was pretty much weak from the start and showed little improvement as the weeks progressed.

— George Pipas

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We're expecting it to remain pretty downbeat for at least the next 12 months. We don't expect a fundamental improvement for at least 12 to 18 months.

— Greg Clarke

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