Earnings are good. We need energy prices globally to come down. |
Globalization has been very good to Corporate America. |
He obviously has a track record. He's been successful as a head coach, and that's important. A lot of coaches are good at recruiting. He brings a blend of coaching and recruiting, and that's vital to what we've been trying to achieve. And he brings a great deal of passion and drive to what he does. |
The baton of global consumption is being passed from the U.S. consumer base to the millions of consumers in developing nations. |
The good news related to the health-care sector is obviously helping. |
The lifestyle effects of this demographic shift will become key drivers of demand. |
There's a strong correlation between urbanization and demand for raw materials. With new roads, hospitals, airports, schools and housing comes rising demand for lumber, cement, steel, copper, rubber, glass and a host of other basic materials. |
We are overweight on negativity right now, ... overdone. |
We see good prospects going down the road. |
We've got a strong tone for the market. Expectations for corporate earnings are good, economic growth is good and there's good M&A activity. |
While largely unnoticed by investors, global urbanization is going to be one of the most powerful and important trends. The world's resource base confronts unprecedented demand as a new urban world unfolds. Against this backdrop, the secular bull market in energy and basic materials is just beginning. |
You pray for miracles, ... Life is special. You should do everything possible to extend a person's life, but there is a time for each of us to die. |