I guess everyone is looking for the first signs of economic recovery this (Thursday) morning. It's kind of like looking for the first crocuses in spring.
More Quotes from John Carey:
I think the focus will shift toward corporate profits. Whether they (the Fed) raise rates a quarter point or not, I think it's not going to be the main focus of investors' attention. People are going to be watching the earnings pretty closely .John Carey
I would focus on very high-quality companies in this environment. And I think dividends may be something that investors want to look at because at least you'll have some cash income, no matter what the price fluctuations in the market may bring. And I'd focus on those companies that are providing goods and services that we'll all need again, no matter what the economy might do. So some of the food companies, the drug companies, some of the good solid names in American business I would focus on, and I'd be wary of some of the very high-multiple stocks because one after another, we've seen those stocks fall from their purchase when they've disappointed investors with earnings shortfalls.
John Carey
I never hoped that the market will go down. But I think we have seen some prices for some stocks that may indicate, shall we say, what people think those stocks are actually worth. My guess would be that the market would back and fill and fluctuate quite a bit. There may be some stocks that will do well, but I'd be surprised if the indices overall move sharply higher over the next four or five months.
John Carey
If you are unhealthily addicted to reading about murder trials, this book may cure you.
John Carey
There is almost a state of euphoria for the group. We don't have a strong current interest in the group at this time. With highly cyclical stocks, they can crest ahead of earnings.
John Carey
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Based on Topics: Economics Quotes, Morning Quotes, Spring QuotesBased on Keywords: crocuses
For a house, somewhere near Los Angeles I found an old church. Very old, no longer used. So we moved the church to the land, and I took off the steeple, and I got my hands dirty.
Douglas Sirk
I have the biggest hair in the world - and that's official!
Cat Deeley
I was advised by an American agent when I was about 19 to change my surname.
Rachel Weisz