Their earnings have been disappointing, unlike the rest of the market. They are facing more competition from low-cost producers elsewhere, for example in China and Korea.
More Quotes from Geoff Lewis:
The Bank of Japan realizes that maintaining zero percent interest rates introduces moral hazard into the financial system.Geoff Lewis
There's considerable nervousness about the direction of interest rates. After having such a strong run earlier, markets need some time to catch their breath.
Geoff Lewis
This Indonesia thing is a storm in a tea cup. I don't see any chance of this developing into a 1997 crisis. Asia's made too much progress.
Geoff Lewis
Ending super-easy monetary policy is a big plus for the equity market because it means economic recovery is going to be sustained, the exit from deflation is for real, and the economy is becoming a more normal economy.
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Based on Topics: Disappointment QuotesDon't ignore the past, but deal with it, on your own pace. Once you deal with it, you are free of it; and you are free to embrace your life and be a happy loving person because if you don't, the past will come back to haunt and keep coming back to haunt you.
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Anyone who creates something new or does something different artistically is going to be singled out.
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Human inertia makes the everyday environment, the furniture, as it were, appear to be a given.
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