Kate Warne Concern Quotations

Now that nobody's worrying about this quarter's earnings, they're now worried about if growth will slow and since Microsoft said yes, that led to a sell-off in technology. There's some worry about Microsoft being split up but I think it's actually more concern about their warning about the future.

But the real concern is not whether first quarter earnings were stronger than the fourth quarter, but whether orders and sales continue to pick up.

I think it may just be broader concern rather than a focus on what's happening to interest rates. Many of these sectors haven't done well and it's not clear what will turn them around, ... It's a little surprising the financial services are down. Although, they would be mixed on (Greenspan's) message, I would expect them to be a little more a positive.

What we're seeing today is a combination of lower oil prices and concern about the strength of the economy in the second quarter.