Nobody is going to invest facing these impediments. |
Psychologically, there's been a turnaround. |
Tell me how things are going to move as far as Iraq is concerned and I'll tell you how the market is going to move. The market is burdened by geopolitical concerns. I'm constructive, but I make no representation as to when it will turn up. |
The market is still adjusting to lower profits expectations, and beyond that it just can't make decisions with the world situation being what it is. |
The other hurdle that has to be overcome is whether they can maintain their current momentum. The third thing is whether they can innovate. |
The question was not whether Case would leave, but when, |
The recovery is going to be plodding from here. I think the market will close the year higher than where it is now, but it's not going to an explosion on the way up. |
The shorts are playing a game, |
The stock market is ignoring all of the bad news that is coming out, either corporate or on the economy. There is a debate right now, quarter-or a half-percentage point cut from the Fed. It's becoming more and more evident it will be a half-percentage point and that might be helping the market. |
There aren't too many people out there who would settle for getting six percent. |
This figure is significantly lower than had been anticipated - a lot of people were factoring in 250,000 to 300,000 jobs. What we see here is a labor market that is getting tighter by the minute. |
This is a stock that has lost its way, and has lost it for a long period of time. It's in the process of losing its franchise. |
This is nothing new. Investors often let themselves get carried away on what these companies can earn. You have to value them on average earnings, not peak earnings. And we are in the process of moving to peak earnings. |
This is only temporary relief. This standoff with Iraq is going to continue to fray the market, but the market is getting to a point where it's oversold. |
Those who said the Fed has only one or no more increases coming are going to revise their opinions. The Fed is not finished. It probably has one or two more increases from here. |