What we're seeing today and what we have been seeing for the last week is a drying up of sentiment as investors wait for some definitive resolution of world events and some new corporate catalysts.
More Quotes from Scotty George:
What we're looking at generally is whether the market can get past these levels. We think there's enough strong sentiment and stimulus in the pipeline for that to happen and that the earnings will ultimately lead the market, but it's a process, and it's going to take time.Scotty George
With the confidence crisis in the U.S. markets, investors will look to more conservative stocks as prices consolidate, and Burlington Northern is one of these safer stocks.
Scotty George
It's the micro management, the machinations up and down of interest rates, that has really gotten us to the point where we are now, rather than the market playing out at its own natural cycle. So the Fed today, I believe, will take a look back at the landscape, assess what they've done, and probably use August to evaluate whether or not to come back in and raise rates.
Scotty George
I think that we're entering into a season of commonality. Earlier this year we had such a euphoric spike in different sectors at different times, and it was very tough to get a fix on valuation and fundamentals.
Scotty George
Readers Who Like This Quotation Also Like:
Based on Topics: World QuotesI am suffocated and lost when I have not the bright feeling of progression.
Margaret Fuller
Time is more value than money. You can get more money, but you cannot get more time.
Jim Rohn
I expected to be shot at any moment and if they had done I would have understood, that they couldn't take risks with someone foolhardy or so unpredictable.
Laurie Lee