At some point, portfolio managers have to say that bonds are more attractive than stocks, and reallocate their investment funds away from the stock market into the bond market,
More Quotes from Michael Metz:
Restaurant stocks were badly hit last week and they were entitled to bounce back. But frankly, I would not be in that space because it is most vulnerable to a cutback by lower-income consumers due to higher oil prices.Michael Metz
Regardless of what the Fed does today, I think that maximum monetary stimulation throughout the world is over. We are seeing the low point of interest rates throughout the world. The next move will be upward. Moreover, I think the earnings momentum for the markets is eroding as well.
Michael Metz
His first speech was solid, clear and it addressed all the issues the stock market wanted to hear about -- rates, inflation, housing, oil and the economy.
Michael Metz
The end of the strike in New York is good for business and I would expect that to help support a rally.
Michael Metz
A lot of the short-term action is dependent on oil prices.
Michael Metz
When people are desperate to sell you buy. When they are desperate to buy you sell. He who waits until he is in the arena to plan has planned too late.
Michael Metz
Readers Who Like This Quotation Also Like:
Based on Keywords: reallocateI should have been a much better artist if I could have studied more and amused myself less.
Ida Rentoul Outhwaite
I had examined myself pretty thoroughly and discovered that I was unfit for military service.
Joseph Heller
I don't play nostalgia acts. I don't play nostalgia shows.
David Cassidy