22 ordspråk av Robert Stovall
Robert Stovall
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We're a long way from the bottom and I think hope springs eternal for equities.
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We need earnings to begin to improve.
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Coke is down substantially, but I think that is all right.
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It's got a enormous room for improvement, I think, and rationalization. Just look where the stock was before they announced the merger about a year ago. And then I think there is -- there is a great hope there.
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You've got a win-win situation.
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I've created a financial Frankenstein here because I can't get rid of it.
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When I was a rookie, the NYSE was somewhat of a white shoe club.
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I think the Fed will raise rates again on October 5 and make some more jawboning attempts. It could be the last one for the year.
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The institutional investors tend to play follow the leader. And right now they're all marching behind the big generals, like Boeing, Exxon, Merck ... and so forth. And the ordinary soldiers are way in the rear ranks, dragging along.
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We're not sure what the Fed's going to do. And if they do their worst and raise rates, I think it's largely built into the bond and stock prices right now. So, I think the worse of the near-term problems are just about accomplished.
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The IRS has decided to focus most of its audit resources on small businesses and the self-employed.
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The fuel price will stay stubbornly high throughout 2006. I don't see how you can not position yourself in diversified energy companies.
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The Nasdaq pulled all that together.
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When (Cohen) makes a statement it moves markets sometimes. People who have made statements in the past and have been incorrect don't have much impact.
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It tells us the enthusiasm of investors will eventually turn this around.
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