Lex Werkheim Quotes (8 Quotes)

The way the bad news from Deutsche has been handled by the market shows we're not in bad shape right now. There seems to be sentiment change with the market looking at the good news,

Interest rate fears have waned a bit. Although inflationary worries remain, good earnings are supporting and the market seems poised for further upside. We could end the year on a positive note.

There is money out there which wants to invest in growth. Clearly a lot of people are seeing a healthy environment ahead.

The oil price has had its most severe drop in years. Meanwhile people are starting to wonder if this quick war scenario we are all anticipating is realistic, so we are seeing huge swings between asset classes.

After a bit of a recovery, the market is in a wait-and-see mode again. There is the usual window-dressing ahead of quarter-end,

A month ago, with the figures Deutsche Bank reported today, its stock would have been down about nine or 10 percent.

The fact the placement went so well is a sign of strength for that company.

I would say that this is definitely consolidation. I was very pleased with the productivity numbers and had hoped for a follow through today.