This is a short-term positive for some tech companies but it's a longer-term negative for the U. S. economy.
More Quotes from Adam Adelman:
You can make a fair argument that they were undervalued. Some were priced for bankruptcy so it's not that surprising that we've seen this bounce.Adam Adelman
A quicker-than-expected recovery in capital expenditure spending will probably be the biggest catalyst, if one occurs at all.
Adam Adelman
Optimism in the numbers will be a roadblock for further gains. The upside in tech is limited.
Adam Adelman
It'll take another round of earnings to confirm some of the optimism that's been going around. And I don't know that I would say all the news was necessarily good. A lot of companies beat much-lowered expectations and didn't necessarily have rosy outlooks.
Adam Adelman
A lot of these companies have finally started to reach full valuation, and there really haven't been any significant changes in the fundamentals to justify it. There's just a lot of profit taking.
Adam Adelman
Readers Who Like This Quotation Also Like:
Based on Keywords: longer-termI don't think Fox News or Rush Limbaugh need Clinton it turns out. I think there's a hunger out there for - whether it's on the left or right - a more lively and provocative type of political journalism. I think Salon and Fox on the other side have both benefited from that.
David Talbot
No movement finding itself in this stage of struggle can operate by getting authority from the leading body of the political organs for even minor action that is taken and we don't even know in the case of the actions which have publicize whether they are in fact our people.
Joe Slovo
I've always seen myself in sentences. I begin to recognize myself, word by word, as I work through a sentence.
Don DeLillo