[While that tendency is still there,] the one positive for the market this year is the monetary and fiscal stimulus that is in the pipeline, ... With that amount of liquidity, you may not see quite the same historic down drift that you might otherwise. |
A lot of the other cyclically sensitive sectors have already run 50-to-100 percent from the September lows. Energy is one sector that's lagged a little bit there and we think there is still some value, |
After a big up day like you had yesterday, you have to have some digestion. Once things run up by a big amount, then investors have to step back. |
Anybody who was asleep through all of this is getting jolted awake. A lot of people are back to where they were when they originally started investing. |
As we kick off earnings season, it's going to be important what these companies are saying. Estimates are down so low, that if companies keep disappointing, markets are gonna have a big hurdle to overcome. |
Demand will keep energy tight. Any pullback I view as an opportunity to add to positions. |
Eliminating the dividend tax is a psychological positive for the market, ... but at the end of the day, it's no big deal. |
Every market and every sector has different things that make it tick. So when we're looking, for example, at developed markets, we are bottom up stock pickers. We'll pick the best companies and see what kind of allocation that ends up giving us. |
Everyone has talked about employment being the missing link in the recovery, but as the weekly jobless claims have made clear for some time, employment is moving in the right direction, it's just moving very slowly. At whatever point a substantial recovery in jobs really takes hold, that's probably going to be a difficult time for the stock market. |
Everyone is afraid of getting left behind when the war ends, but once investors begin to turn their focus to fundamentals, stocks likely won't be able to hold these levels. |
From a technical standpoint the markets are a little oversold. There's tinder for the fire if the markets pick it up, ... Investors have to reconcile themselves that they're never going to find the bottom. |
From a technical standpoint the markets are a little oversold. There's tinder for the fire if the markets pick it up. Investors have to reconcile themselves that they're never going to find the bottom. |
GAAP is the most honest measure of earnings, ... but the main problem with it is the cyclicality of it. |
GE will probably talk up their numbers, but I don't know if I buy it, |
GE will probably talk up their numbers, but I don't know if I buy it. |