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The political situation starts to cool a little, but then we get the Ashcroft news and the market freaks out.
Jack Baker
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There's going to be nervousness for the next few weeks. From an historical perspective, September tends to be one of the worst months. In addition, you have a lot of people moving off to the sidelines ahead of September 11.
Jack Baker
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It's like a vicious cycle. How the hell could you turn around and be a buyer with all of this stuff going on?
Jack Baker
Quote of the day
There is a marvelous turn and trick to British arrogance; its apparent unconsciousness makes it twice as effectual.
Catherine Drinker Bowen
Jack Baker
Bio:
Jack Baker is the head of equities at Putnam Lovell Securities.
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