Four years after the bubble popped, I can't believe that companies still legitimately have enough fat that they can cut heads and that it would not affect them going forward,
More Quotes from Barry Ritholtz:
When Greenspan spoke the market rallied, and when he stopped it gave the gains back.Barry Ritholtz
I don't think this has much of an impact on the U.S. markets, barring some bit of tomfoolery in the Middle East.
Barry Ritholtz
At the beginning of the war, every headline caused the market to go screaming. Now, the market seems to have become inured to violence.
Barry Ritholtz
Markets tend to temporarily wobble, and then return to their prior behavior. So don't panic or make any decisions based on your knee-jerk emotions.
Barry Ritholtz
It was a matter of time before the core rate started feeling the effects of increased energy and commodity prices, ... Maybe it's aberrational but maybe it's the start of something more significant.
Barry Ritholtz
The low-hanging fruit has been picked on a lot of the small caps already, and when the low-hanging fruit has been picked, you have to be more defensive.
Barry Ritholtz
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