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7 ordspråk av Michael Sprung

Michael Sprung

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en We have more than doubled that (2005) outlook and we have done that on the back of some very strong energy and commodity prices, and not without a lot of other good news. I don't see how it can continue.
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en Investors are discounting as if the good news is going to continue and I'm not so certain it is. I've built up a lot of cash and taken profits where I can.
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en The large-cap tech area is pretty much speculative at this point. You're looking at very specific problems and you don't know what the outcome is going to be.
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en There seems to be some legs under (the market) today. They seem to be shopping for bargains.
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en Oil is stronger. That'll be reflected in the Canadian market. We'll wait and see what the Fed does. One more quarter point after today is fine, but if there's a hint that the current course will continue further, there will be concern in the market.
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en Certainly, the market is going to be pretty rocky for a while. We're going to see severe volatility in the near-term.
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en We are in a secular uplift for commodities, particularly oil and metals, but right now stocks have run way ahead of current economic conditions.
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