If we do get a market rally, it will be short-lived as people will cash in on any kind of sustained rise.
People are putting a lot of emphasis on these figures...it is a reflection of what possibly could happen in the future.
I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.
There's no top-line growth -- that's the problem. Companies are cutting costs and people to meet their targets, but there are only so many people they can cut.
It's been very quiet this morning. We have a lot of economic numbers out this week that people will be focusing on, and there is the Fed tomorrow.
It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today.
The NYSE has its own power generation system, so getting that up and running isn't a problem, but getting people there will be, ... As we approach noon (7 a.m. ET), somebody is going to have to make a decision whether trading will go ahead or not.
The market is under pressure because people are starting to think about what might happen if the economy doesn't recover, ... If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment.