“The market is recognizing that the economy has bottomed, it didnt cave. But its hard to make progress from here. The Fed is mostly through with easing. We now need solid evidence of real economic recovery, principally from the consumers.”
Share this quote:
“Weve been rallying most of this last quarter on the basis of a little more hope that we have bottomed and that the consumer economy would not suffer the weakness of the manufacturing economy. Todays job report gives us some hope that that is happening.”
Share this quote:
“Its time to start thinking about good investment ideas beyond the next couple of months ? dont be too defensive and stretch out your time horizon. Its time to look into early next year and the market starts discounting out six-to-nine months when it has reason not to fear too much and were moving into that mode right now.”
Share this quote:
“Markets tend, short-term, to digest the bad news and focus on the good news but I dont think were in a sustained rally here, ... The fundamental underpinning of the market isnt there yet.”
Share this quote:
“Markets tend, short-term, to digest the bad news and focus on the good news but I dont think were in a sustained rally here. The fundamental underpinning of the market isnt there yet.”
Share this quote: