Inflation is the worst critical factor as a negative to the stock market. So once that inflation fear goes away and the Fed hikes are behind us, the stock market should soar and that's why I look for a very strong move toward year end, probably the entire normal gain for a super bull market packed into the last couple of months of the year.
More Quotes from Robert Robbins:
There's a 50 percent chance the Fed is finished and (June's job number) puts the odds up a notch,Robert Robbins
The finance sector has really emerged as my favorite here, edging out technology by a bit. I recommend that people have about a quarter of their stock holdings in finance.
Robert Robbins
The company delivers essential products and services, ... And this is one that should benefit from the new Medicare legislation that is being proposed. You're going to see another 15 or 20 billion spent on drugs and CVS, of course, as a drug store chain, would benefit significantly from that.
Robert Robbins
It will just be a natural edge for some of the more sophisticated and capable investors to do that, ... I think it's also fighting the competition a little, too. There have been a lot of upstarts that have grown very rapidly and the big firms are going to want to participate in that, too.
Robert Robbins
We need to be researching this. We need to make it available to our patients.
Robert Robbins
Some analysts thought the company was off-track in terms of the long-term growth path and so I am not shocked in that respect. It's an appropriate example of the new corporate governance since the stock has languished for so long.
Robert Robbins
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