Once things get through the day-to-day digestion period, broadly speaking the market is still pretty good, ... The trend to lower energy erases some of the fears of how long consumers can hold up. It gives the market enough to fear but sets us up for gradual appreciation going into year-end.
More Quotes from Jack Caffrey:
To an extent, we're all just groping in the dark to make sense of all the news, all the stories, all the data. What are the ripple effects What will the costs be on a cost front, a delivery front and a psychology frontJack Caffrey
We are making another run at 70 a barrel, and we are doing it without a hurricane having knocked out 70 percent of U.S. production. You couple that with the stark reminder of all the geopolitical jitters out there, and you wind up with investors wanting to get a little more defensive.
Jack Caffrey
You're looking at a mid-teens grower and you can get it at potentially 13 times earnings. So, it's a good sector, one that we like, ... It's a more stable discretionary item, but an attractive valuation and good growth prospects.
Jack Caffrey
This is a maker of scents and the chemicals used to make a whole host of consumer products -- perfumes, soaps and food products. I like companies where their customers that are actually generating the demand, ... It has very high returns on capital, a good business and a reasonable valuation.
Jack Caffrey
It's not just what you deliver, but what your future is likely to hold. I feel like there is a lot of one-time noise in earnings. That's going to create volatility for some stocks.
Jack Caffrey
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Based on Topics: Fear QuotesBased on Keywords: erases, year-end
At first everyone predicted that it would be impossible to hold these divergent people together, but aside from the skilled men, some of whom belonged to craft unions, comparatively few went back to the mills. And as a whole, the strike was conducted with little violence.
Ray Stannard Baker
One cannot be always laughing at a man without now and then stumbling on something witty.
Jane Austen
Anyone who proposes to do good must not expect people to roll stones out of his way, but must accept his lot calmly, even if they roll a few stones upon it.
Albert Schweitzer