The focus is on the Fed tomorrow (Tuesday) and whether that will get people revived about the economy. The market is really starting to look reasonably priced for the first time since 1998 -- relative to expectations and where interest rates are today.
More Quotes from John Forelli:
We've been in the fog for such a long time that everyone's scared to death of getting hit by something they don't see coming.John Forelli
The market has got to get its hands on this inflation issue. That's the way we're going to get out of this trading range.
John Forelli
Without the prospect of aggressive Fed action, I don't see any catalyst to get the market moving again.
John Forelli
Potentially you could get a resolution to the White House question. You could get a short-term rally on that.
John Forelli
We really have a diversified portfolio of cheap stocks with improving fundamentals, ... That's really our mantra of the fund, and we want to make sure that we're participating in all segments of the market so that we can give our investors consistent returns over the long run.
John Forelli
People are really starting to worry about earnings again. This is a pattern that started in September when the tech market started selling off pretty hard. We're going to have a tough quarter it's hard to see what will get people excited about the markets over the next couple of months.
John Forelli
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