It takes a long time, but because of inflation, world terror and a more stop-and-go business cycle, we think PE multiples will be in a slow eroding phase, ... That means the market will be more of a cyclical trading market than a sustainable bull market, meaning you've got to buy when things look cheap and sell when they look expensive.
More Quotes from Jon Brorson:
We've never seen a recession without the yield curve inverting, but the corollary is not true Just because the yield curve inverts does not mean we're going to have a recession.Jon Brorson
The GDP report looked pretty good, showing greater-than-expected strength, with inflation statistics not bad.
Jon Brorson
It suggests we're looking, in the months ahead, at a correction. A big, bad bear market No. But a correction, especially in small and mid-cap stocks.
Jon Brorson
We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day.
Jon Brorson
It seems like maybe some new money may be coming to work at the start the new quarter.
Jon Brorson
I wouldn't be surprised if the market wakes up tomorrow and buys them (stocks) back again.
Jon Brorson
Readers Who Like This Quotation Also Like:
Based on Topics: Time Quotes, World QuotesBased on Keywords: eroding, multiples, stop-and-go
On an exhausted field, only weeds grow.
Henryk Sienkiewicz
A lot of the stuff that I do with Betty is in the eyes. A lot of the feelings that I evoke with her are unspoken, so that's been fun to play with.
January Jones
If two men on a job agree all the time, then one is useless. If they disagree all the time, then both are useless.
Darryl F. Zanuck