The situation is very tenuous on the equipment side and any slowdown in demand in the equipment side of the equation, when you are priced to perfection, means these companies are still very expensive,
More Quotes from Barry Hyman:
What you are seeing is the likelihood that interest rates will not go higher next week, making it easier to give these big cap growth stocks high valuations.Barry Hyman
There's a little nervousness in the air regarding heightened geopolitical news. The rhetoric from Iran is not helping.
Barry Hyman
Earnings are coming in better than expected, and they're helping the market preserve the rally, but the overriding concern to me is high energy prices and what the Fed is doing.
Barry Hyman
When you have a major company like GE boosting its dividend and announcing a big buyback, that's very positive for corporate America,
Barry Hyman
It's nothing more than rotation. I think people on Wall Street can no longer walk and chew gum at the same time.
Barry Hyman
The inflation story has been the ongoing story for the markets since the Fed raised rates at the September meeting.
Barry Hyman
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