I would say that this is definitely consolidation. I was very pleased with the productivity numbers and had hoped for a follow through today.
More Quotes from Lex Werkheim:
There is money out there which wants to invest in growth. Clearly a lot of people are seeing a healthy environment ahead.Lex Werkheim
The way the bad news from Deutsche has been handled by the market shows we're not in bad shape right now. There seems to be sentiment change with the market looking at the good news,
Lex Werkheim
The fact the placement went so well is a sign of strength for that company.
Lex Werkheim
A month ago, with the figures Deutsche Bank reported today, its stock would have been down about nine or 10 percent.
Lex Werkheim
Interest rate fears have waned a bit. Although inflationary worries remain, good earnings are supporting and the market seems poised for further upside. We could end the year on a positive note.
Lex Werkheim
Readers Who Like This Quotation Also Like:
I have my moments. Ever since I was a boy, I never was someone who was at ease with happiness. Too often I embrace introspection and self-doubt. I wish I could embrace the good things.Hugh Laurie
Mr. Fitzgerald, I believe that is how he spells his name, seems to believe that plagiarism begins at home.
Zelda Fitzgerald
I wanted to be a plumber.
Robert Goulet