You say to yourself that the second and third quarter are going to be the bottom when it comes to earnings comparisons, ... If you're an optimist, maybe now is the time to start buying.
More Quotes from John Forelli:
In general, we're in this low news flow period where most of the earnings are already out and it's pretty apparent that the Fed is going to keep raising rates.John Forelli
The Fed is cutting rates and injecting liquidity into the market. Financials are doing well because people are expecting a cut in rates.
John Forelli
The market looks better than it did a month ago, yet the near-term outlook for most companies is probably worse,
John Forelli
What a stark difference in investor sentiment compared with several months ago. Even though investors know the economy is very weak and still vulnerable to a relapse, they believe that, bit by bit, the vital signs are improving.
John Forelli
We need some sort of clear indication from the Fed that the economy is not slowing down and that inflation is not out of control. But it's not likely we are going to get that clarity in the next few months.
John Forelli
We're going to look at any economic news that shows the economy is starting to pick up steam. Anything on the front end of the economy where the consumer is if that starts to pick up steam then that's going to give investors confidence that the economy is going to pick up.
John Forelli
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I feel the whole issue has been a witchhunt from day one as part of a broader Republican political agenda.
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Every charitable act is a stepping stone toward heaven.
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