Normally, you buy back a lot of stock when you don't think there's any reason to invest in your own company, ... Parsons hasn't ruled out Icahn's suggestions, but it's clear he wants his flexibility.
More Quotes from David Joy:
There seems to be a wide disconnect between the headline growth numbers and individual perception about the relative health of the economy.David Joy
Part of the reason we see inflation rising next year is the dollar. Clearly, there is upward pressure on prices because of the falling dollar.
David Joy
Stocks in the financial and consumer discretionary sectors look particularly vulnerable as the perception is that inflationary pressures will keep mounting and the Fed is not done with raising rates.
David Joy
The persistence of high oil prices can't be lost on the Fed. Consumers have to pay for higher energy even though it's volatile. It is a real cost.
David Joy
It doesn't take a lot of money moving into these stocks to move them higher. But valuations will put a cap on how far things will go.
David Joy
Both candidates seem to be proposing roughly equal deficits over time. Both plan on cutting it in half but doing it by growing the economy as opposed to lowering the dollar amount.
David Joy
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Based on Topics: Reasoning QuotesBased on Keywords: icahns, parsons
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