50 ordspråk av Joseph Cohen
Joseph Cohen
The primary assumption is that economic and profit growth will resume by midyear,
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The principal conclusion is that we expect profit growth to continue through our new forecast horizon,
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The so-called January rally has been a Thanksgiving event in the United States for the past decade,
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The volatility has been more intense than we might have expected, ... in the United States, that correction has really been overdone.
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Today the markets are already priced for imperfection,
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We are currently advising a moderate overweight, with an emphasis on oil services and a small number of integrated producers,
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We are pleased that the rest of the world is catching up.
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We believe that the backdrop for investments in technology is favorable,
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We believe the decline in share prices ... has gone well beyond what the fundamentals suggest,
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We believe these worries will be short-lived, ... The intermediate and long-term view remains bright.
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We don't think so, and continue to assume long-term earnings growth of 7 percent-to-8 percent in our valuation model,
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We expect 1999 and 2000 to be years of ongoing profit expansion, with better aggregate gains than 1998, which was disappointing,
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We expect 2001 to be yet another year of profit expansion, albeit at a slower pace,
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We expect profit growth to decelerate in the second half of 2004,
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We expect the DJIA to outperform the S&P 500 in 1999, following notable under-performance in many recent quarters due to differences in industry composition,
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