David Horner Quotations

Basically everything that has to do with a yard, we'll do and if we can't, we'll try.

He was bored in winter. It was terrible for winter work.

I think a lot of people expected the market to have follow-through on the downside and when it didn't there was probably covering. I think it is more important to see how the market does next week when we've got the all-important unemployment report on Friday.

I think people are beginning to see the economy is slowing.

I was not aware of any 9/11 (connection).

At the end of the day people realized this crisis isn't over and that the Fed has to ease.

At this point, if the yen rises further, it's going to undermine the Japanese economy, and, as a result of that, both Japan and the U.S., for different reason, would like to see the yen stable at these levels or a little bit higher.

There is not a lot of upside potential over the next couple of weeks. We already got the rebound in front of the Fed announcement.

Finally we got a calm day to recoup. Yesterday, with stock markets down all around the world overnight and the release of the Clinton tapes, that caused a tremendous bid for the bond.

As long as employment report on Friday is not too strong, I think the worst is behind us.

They're still very much concerned that the risk in the economy of a downturn is much greater than it is of inflation. I suspect they will restate that risk. However, they will probably indicate that the increments of easing from here on out are going to be smaller because there's an awful lot of easing in the pipeline.

Argentina is an unfortunate situation for Latin America, but it was pretty well anticipated in the U.S. Also, much of the debt that is held in Argentina is held by European banks. So investors were braced for what's happening there.

Construction spending was so weak. That gave bonds a boost.

He's pretty talented. He's got a lot of pop in that leg.

The bottom line is that we have had a nice rally this week and I see every reason for that to be sustained as global growth and inflation weakens and the U.S. economy shows broad-based weakness.

It's not good for Japan because the higher the yen goes, the less competitive their export industries are at a time when they're barely recovering from the recent recession.

The release of the tapes means greater uncertainty. The markets have a certain uneasiness about this, and the sense that Clinton is dying a death of 1,000 cuts.

All the data still points to a strong economy. But traders are looking beyond the strength to some slowdown in the future.