There's a 50 percent chance the Fed is finished and (June's job number) puts the odds up a notch,
More Quotes from Robert Robbins:
You shouldn't worry about weakness in corporate earnings as long as it doesn't turn into a growth recession,Robert Robbins
Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong. It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.
Robert Robbins
Some analysts thought the company was off-track in terms of the long-term growth path and so I am not shocked in that respect. It's an appropriate example of the new corporate governance since the stock has languished for so long.
Robert Robbins
Yes, I think it's going to be a fantastic buy. I think we're going to pack the whole year's Super Bowl rate-of-gain, which tend to average 16 percent during the last 18 years, compound annual growth of the SP 500, 16 percent a year. We've had zero so far and the outlook is improving very, very significantly for the worst worry that people have had. And that is the Fed rate-hiking. It really looks like the probability is increasing dramatically that the Fed rate hikes are over and inflation pressure is in check. And as that continues to happen through year-end, we can get a fantastic rally, 15 to 20 percent on the SP 500 in three months.
Robert Robbins
This is a wonderful economy, you've got great economic growth.
Robert Robbins
I think investors have got to be more selective than usual for a few reasons. There's really a broader leadership in the market. There are a lot of finance stocks that are acting great. And that wasn't the case over the last two years to three months ago. This is pretty recent. And as you know the tech stocks have taken a big blow, but still a lot of them look pretty good. So I would spread things out. Finance is my favorite area. I have about one-fourth of total stock holdings there. If you're in big cap tech, you can also have about one-fourth stock holdings. I think if you're in secondary or small cap, probably about one-fifth. Consumer cycles have gotten very choppy. Maybe about 12-to-15 percent of total stock holdings. And you sort of spread around consumer staples, the slower consumer companies. And health care has got some attractive areas, but it's pretty choppy too.
Robert Robbins
Readers Who Like This Quotation Also Like:
Based on Keywords: junesHe's meant to be that classic Homer, Ulysses, Hercules - a character who goes out or has some gift of some kind. He goes on a journey of discovery and part of that is falling into darkness - the temptations of life.
Robert Redford
If you've ever seen the film In Which We Serve, but it was about a destroyer in the Mediterranean.
Richard Attenborough
I wanted to be an actress. In college I was a serious feminist and very political. I was determined to get one thing out of my career and that was respect. I didn't want money. I didn't care about fame.
Christine Lahti