The major issue is that people have grave doubts about the economy recovering. There's no recession, and the economy will recover. Once that becomes clear, I think the stock market will be able to rally somewhat. Until then, we're in for a lot of bouncing around.
More Quotes from David Blitzer:
Whether you call it consolidation, rationalization or getting your competitor to go out of business, it's a way for these companies to effectively deal with the collapse of commodity prices. In virtually every sector involved in something that comes out of the ground, we've seen consolidation.David Blitzer
It's just a lack of consistency. Companies change the definition quarter to quarter, whichever looks best - that's not a reasonable way to do business.
David Blitzer
People will stockpile food, home heating oil if they can buy it.
David Blitzer
The equal-weighted index will give you more exposure to smaller stocks. If you believe that small caps outperform large caps, and most data suggests they do, then the equal-weight should give you a small edge over long periods.
David Blitzer
There is truth to the fact that competition and markets are more global, especially in the U.S., where being protective of the home company is a little less fashionable than it was 10 or 15 years ago. Merging provides a role for these folks and makes them a surviving entity.
David Blitzer
Also, they're in such bad trouble, who notices the fuel costs
David Blitzer
Readers Who Like This Quotation Also Like:
The marvels of daily life are exciting; no movie director can arrange the unexpected that you find in the street.Robert Doisneau
Nowadays, as soon as a striker scores three goals, everyone starts asking him about it.
Just Fontaine
Most comic scriptwriters are very bad. The artists are good, but the writers are so bad.
Harry Harrison