We may be setting ourselves up for a rally in the new year. We'll have a lot of announcements in the very early part of January from companies, which will point to some more disappointment in earnings, and that may be a catalyst for the Fed to lower rates
More Quotes from Patricia Chadwick:
Obviously, the housing market has benefited them, but they're also doing other things. They're also selling some higher margin products, and you can go in and get the upscale products that you need. This company also has done some amazing changes in the last few years getting their working capital down relative to sales, getting a better return on their investment.Patricia Chadwick
Now we want to hear companies say they have light at the end of the tunnel.
Patricia Chadwick
I think that, globally, investment banking is going to be a huge opportunity for the business. We're just seeing a huge amount of activity, and I think that falls right into benefiting the large brokerage firms.
Patricia Chadwick
If rates keep backing up we'll definitely have the stock market treading water for awhile.
Patricia Chadwick
If in fact the OPEC countries can get together and cut supply, that would be great. I think what tends to happen is when we hear these kinds of announcements, oil stocks do extremely well and yet the truth is somewhat a little less exciting than what the announcement comes out as.
Patricia Chadwick
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