(FedEx) is really a play on the broad based global recovery. Sort of moving out of the truckers, moving into the international people away from a strict domestic U.S. focus, more toward international focus,
More Quotes from Ronald Hill:
What is happening is a little like what happened in the 1920s, the period where demand growth was quite strong but supply growth was even faster. You had new technology then, it was electric power. Now its computing power.Ronald Hill
Earnings actually have been very good in the second quarter. Sixty percent of the companies reporting so far have been upside surprises. That's not quite as aggressive at this point as the first quarter reports were, but still a very good performance in a weak quarter.
Ronald Hill
World economies are starting to grow a little better. But I think it's really a key that the American industry is still competitive with the dollar significantly higher than it was last year and as exports continue to go overseas.
Ronald Hill
Their recurring revenue from the cellular sales is actually doing better than they think. Growth rate may be bumped up, profits looking pretty good, sales looking good. I think it maybe time to start fishing in that pond again.
Ronald Hill
I think there's probably at least another 50 point hike before the election, and then if the economy doesn't slow in the third quarter, watch for the stock market to anticipate more after the election, because from September to November, they are likely to be quiet,
Ronald Hill
You've got a lot of layoffs, but yet 132 million people are earning legitimate wages,
Ronald Hill
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