We've had a big stock run since hitting the lows last March. Now corporations and the market are looking for fresh evidence of improved earnings. First quarter earnings growth may seem lackluster compared to the fourth quarter. I think rather it will be the second-quarter earnings that impress.
More Quotes from Ram Kolluri:
On one hand, there's a hopeful feeling that the hurricane will only have a temporary impact, but on the other hand there's worry that it could be worse than we are anticipating.Ram Kolluri
I thought the recent sell-off in the equity market was somewhat overdone. I'm still in the camp that believes we will see a high-single-digit return for equities in total this year.
Ram Kolluri
The street was expecting a strong confirmation from Wal-Mart saying, 'Yes, we had a terrific Thanksgiving sales,'
Ram Kolluri
It didn't look like anything much was going to happen in the middle of the election rhetoric, but we ended up seeing a pretty good advance after all.
Ram Kolluri
Higher energy prices, new fears of terrorism, some profit taking after the previous rally -- all of that is why we've come back from the late January, early February levels.
Ram Kolluri
At the peak people were throwing money at anything, regardless of the fundamentals. Now you have the opposite. There are good companies and some decent bargains out there, and people are completely ignoring them with all this panic.
Ram Kolluri
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