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Paul Mendelsohn Quotes

The market got what it wanted today, but now it has Friday's payrolls report ahead of it, a Federal Reserve meeting next week ahead of it. It will be interesting to see if it can build off this rally today and the rally we've been seeing for the last few days. - Paul Mendelsohn

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Market | Wanted | Today | Payrolls | Report |

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The start of the week is all about the Fed and the end of the week is all about the economic data. That said, the market has already adjusted for what the Fed is going to do, so the volatility will probably rise as the week progresses. - Paul Mendelsohn

Everybody pretty much knows what they're going to do -- they're going to raise the fed funds rate... everybody's going to be looking at their policy statement to see what the future is going to bring. - Paul Mendelsohn

Wal-Mart concerns some investors in here. Retail sales seem to have been good overall. However, Wal-Mart reported that they are only going to grow 0.7 percent and the market was expecting 2 to 4 percent. - Paul Mendelsohn

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