We're still reluctant to buy into these stocks, even if they fall considerably. They might have turned the corner in the broadest sense, but the balance sheets are very stretched.
More Quotes from Christoph Bianchet:
It certainly increases the risk that the second shoe is going to drop. This bridge is not going to hold and the risks have increased dramatically.Christoph Bianchet
This is a pretty good number, still consistent with the view that the economy continues to improve slowly but surely.
Christoph Bianchet
We now really have reached a level where it's cutting through fat and actually reaching bone in terms of what people can bear.
Christoph Bianchet
Readers Who Like This Quotation Also Like:
Based on Topics: Balance Quotes, Sense & Perception QuotesIf God had wanted me otherwise, He would have created me otherwise.
Johann Wolfgang von Goethe
Honesty is the rarest wealth anyone can possess, and yet all the honesty in the world ain't lawful tender for a loaf of bread.
Josh Billings
It's weird... people say they're not like apes. Now how do you explain football then?
Mitch Hedberg