The Newcastle boss is pleased with the players at his disposal even though Loic Remy was the only summer addition and hopes performances will not be affected by fans' frustrations
The club have been under intense scrutiny from supporters for failing to add to a squad that spent much of last season battling relegation, particularly after the appointment of Joe Kinnear as director of football.
Loic Remy's arrival on loan from QPR was the only signing and although Pardew did want further additions, the 52-year-old is keen to look at the positives.
"I'm not saying it's an easy job, Newcastle manager," Pardew told reporters. "We haven't got the finances of a big team and, therefore, it makes it difficult and a lot of the time people cling to bad news when there is a lot of good news. It's not easy.
"It's important sometimes to understand that we have a very good team. We invested £30m in the last window, we have brought Rémy in.
"We have brought a lot of young players here who I think will, hopefully, blossom. The likes of Sammy Ameobi and Paul Dummett, part of my management job is to develop them.
"Having said that, our fans wanted a marquee signing probably and that's what we were looking at, somebody that would really threaten the first team.
"But we couldn't get it over the line in terms of what we wanted and unfortunately that's the position we are in. But having said all of that, I still think we have got a very, very strong side."
Pardew is concerned that the negativity among supporters might impact the team on the pitch but remains confident performances over the coming weeks will help change the fans' attitude.
"I hope it doesn't affect us," he added. "The fans' reaction has been the kind of reaction we have here, which is extreme. We have extreme reactions to our football club. It's so personal here.
"But when the fans see how we play over the next eight games – providing we keep everybody fit – I think they will feel a lot better than they did on transfer deadline day."