Jon Brorson Quotes (18 Quotes)

It takes a long time, but because of inflation, world terror and a more stop-and-go business cycle, we think PE multiples will be in a slow eroding phase, ... That means the market will be more of a cyclical trading market than a sustainable bull market, meaning you've got to buy when things look cheap and sell when they look expensive.

Our forecast was for earnings to come in around 13 percent year-over-year growth, and they're on track to do it. They are surprisingly better than expected, and outlooks have been good, generally speaking.

The GDP report looked pretty good, showing greater-than-expected strength, with inflation statistics not bad.

We've got three things weighing on the market here a less-than-stellar start to earnings so far, the geopolitical situation with Iran that's sort of moving to the front burner, and we've got energy futures up pretty strong this morning. So all three create a situation where investors are willing to take some profits after the fairly strong opening so far this year.

We've never seen a recession without the yield curve inverting, but the corollary is not true Just because the yield curve inverts does not mean we're going to have a recession.

I don't think the trade data is that meaningful since it's sort of sandwiched between the FOMC and tomorrow's CPI.

We've had quite a run over the last three weeks, and I think the equity market is going to have a little bit of profit-taking, especially in light of a no-news day.

The choppiness we've had over the past couple weeks, the volatility, suggests stocks are vulnerable. It suggests we're looking, in the months ahead, at a correction in the marketplace.

Today, it can be summed up with GM, eBay and metals and mining stocks. It's all related to earnings, and it's a mixed bag.

It suggests we're looking, in the months ahead, at a correction. A big, bad bear market No. But a correction, especially in small and mid-cap stocks.

The market is just awaiting for the earnings season to begin. October, for whatever the reason, always has a rough start. For some reason, the market has a problem with the month.

Sitting on the market has been this 800-pound gorilla, King Kong of the Federal Reserve, and when you remove this gorilla ... I think stocks can work their way higher.

We might start the day with some gains in stocks on the back of the good reports that came this morning. But with concerns over oil, and inflation down the road, investors may take the opportunity to take some profits.

I would hope that the market will try to rally here, and bounce off these key support levels. If it doesn't bounce real quick in this area, we could have some real problems.

I wouldn't be surprised if the market wakes up tomorrow and buys them (stocks) back again.

They managed to rally after being down most of Friday, so I think some of that momentum will continue today. Crude is off a little bit, bonds are up, so I think it's setting the stage for a pretty good day today on the back of a pretty good week last week.

It seems like maybe some new money may be coming to work at the start the new quarter.

Gold is very sensitive to inflation. If you're worried about inflation, you tend to see gains in gold.