20 ordspråk av Andrew Bell

Andrew Bell

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en It's a great day for photos, which many of them will take for their sponsors.
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en The market is only trading on about 13 times this year's earnings, which is hardly suggestive of irrational euphoria, and growth is still coming in quite strongly. I think there's an expectation that there will be further bid activity during the year.
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en To keep the spending momentum going beyond the holiday period I think shops are going to have to discount quite heavily so I would sell the retailers into the current rally.
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en It's reasonable to assume that equity markets will make money this year. There's nothing like the end of an interest-rate cycle to get investors' juices flowing.
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en Christmas proved to be less difficult than people were expecting. Retailers expected a dull Christmas, so they didn't overstock and have had less discounting to do.
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