Data are pointing to very strong growth in the fourth quarter. The pessimistic viewpoint, which has seen its grip on reality slip to the last knuckle in the past few months, is now holding on by its fingernails.
The market is now factoring in that first-quarter earnings will likely be below consensus. And the reality is that economic growth is probably going to be between 3.5 percent and 4 percent, which is good but maybe not as strong as what some people were hoping for.
When I was younger, I could get that white-knuckle grip of holding on to an idea and not wanting to let it go.
If you consider any set of data without a preconceived viewpoint, then a viewpoint will emerge from the data.
If I had a great game, and I was hot, usually we were up by 20-30 going into the fourth quarter. That means I don't get to play in the fourth quarter.
The NFL is in premium interest time, in the fourth quarter [of the business year] when you have Thanksgiving, Christmas, and that's when we try to get the most decision-makers in front of the television, in the fourth quarter.
Everybody is pretty good in the first quarter. Second quarter, you have a little bump or two on you coming into the half. By the time the third quarter comes around, you're tired, you're laboring. When you come to the fourth quarter, it calls on your character.
I've been on the cover of "Time" magazine just about - I think it was four times now. Four times now in the last few months, and a lot of it is because of this. They've never seen this happen before.
It's the premium time, the fourth quarter. October, November, December and now, if you will, going over into the first quarter in January. But really, football, that's when the interest is in the game.
Last year was the fourth or fifth attempt to get fall launched till 'American Idol' comes in January. To be honest, the reality programming we had on last year was considered filler until we could get to the good stuff. It was meant to hopefully get us to January andor to November. To get past baseball. But (it) didn't work very well.
Well, you can, but tell you this, that when you've got an economy that is growing at 4.9% it is the fastest growth over the last 12 months we've seen in 20 years.
We accelerated our capital spending in the fourth quarter, particularly in international and next-generation network deployment, which should not only sustain future revenue growth but also drive significant cost reductions across all communications services.
I am very pleased with the progress of the new CBS Corporation. The Company's rapid pace of change and innovative approach to emerging business opportunities can be seen in the many strategic announcements we have made over these past few months. The more focused and more nimble organization we sought to create has become a reality and that aggressive spirit of excellence and innovation will continue to benefit shareholders for many years to come.
... negative feelings are not true feelings at all; rather, they are your thoughts about something, based always on the previous experience of yourself and others. You will not find Truth in your past data, only past data that is based on other past data that is based on other past data, and so forth. Forget your "past experience" and look directly at the experience you are having. Right Here, Right Now. There is your Truth.
I think I've always been a player who's done better in the second half, who's done better in the fourth quarter. That's the fun time to play, when everything you've worked for the whole game boils down to those last few possessions.
Most of us are conditioned for many years to have a political viewpoint - Republican or Democratic, liberal, conservative, or moderate. The fact of the matter is that most of the problems that we now face are technical problems, are administrative problems. They are very sophisticated judgments, which do not lend themselves to the great sort of passionate movements which have stirred this country so often in the past. - They deal with questions which are now beyond the comprehension of most men.
The contention is if you don't do it in the first quarter, if you don't box out and control the glass in the first quarter, you are not going to do it in the fourth quarter and overtime.