Patricia Chadwick Quotes (17 Quotes)


    I think that, globally, investment banking is going to be a huge opportunity for the business. We're just seeing a huge amount of activity, and I think that falls right into benefiting the large brokerage firms.

    Obviously, the housing market has benefited them, but they're also doing other things. They're also selling some higher margin products, and you can go in and get the upscale products that you need. This company also has done some amazing changes in the last few years getting their working capital down relative to sales, getting a better return on their investment.

    In the short term, I think there are some good signs that the Fed will raise interest rates.

    I think the pullback has been way, way overdone. And, as the stability in the region seems to be gripping the market, these bank stocks have not come back all the way at all.

    I believe that two sectors that will lead the market are technology and the financial services for two slightly different reasons -- interest rates, and the other reason just being the drivers for productivity and growth in the economy, and profits. And I don't think that that has changed. I think it's one of the things that is really important about technology. Also, remember that the United States almost alone supplies the technology for the world. We produce just about all the new technology. Do we manufacture all of it right here No. But we are the driver and the rest of the world needs our technology.


    I think technology is the driver for the productivity gains, for the earnings growth. If technology stocks don't do well in this market, you don't have a market moving forward, and I think they are doing well.


    Now we want to hear companies say they have light at the end of the tunnel.

    Goldman Sachs and Morgan Stanley are two stocks that I think are attractive here. Those stocks have been under pressure as interest rates have been rising. I think we may have seen the high in interest rates for a while, and I think that could help the whole sector.

    The auto companies have done really well and I think it's hard to see a continuation of that for a long period of time.

    If in fact the OPEC countries can get together and cut supply, that would be great. I think what tends to happen is when we hear these kinds of announcements, oil stocks do extremely well and yet the truth is somewhat a little less exciting than what the announcement comes out as.

    I'm still very optimistic about stocks, and I think that's where you have to be. But I think it needs to consolidate. And actually, yesterday in the market, the Dow was a lot stronger than the rest of the market.

    We may be setting ourselves up for a rally in the new year. We'll have a lot of announcements in the very early part of January from companies, which will point to some more disappointment in earnings, and that may be a catalyst for the Fed to lower rates

    Given what's happened in Africa recently, there's obviously some concern of expanding terrorism around the world. This just adds to that uncertainty. But I think ultimately, the markets will focus on primary economic news.

    If rates keep backing up we'll definitely have the stock market treading water for awhile.

    I don't think we're in a correction but I think we're in a very necessary leveling off period. A correction is probably over 10 percent down from the current levels and I don't think there's any reason for us to see that, but I do think given that the fact that the markets went up 7 or 8 percent in less than two months of the new year that we have to have perhaps have a couple of months time when the market doesn't go anywhere.

    I think a lot is happening in the PC business that I think bodes very well for PC demand and they are kingpin, in terms of being able to produce profits in the PC business. So I think they are the leader for the PC companies and I think that that's where you need to look to them.


    More Patricia Chadwick Quotations (Based on Topics)


    Facts - Business & Commerce - Finance - Computers & Technology - Investment - World - Time - Product - Leadership - Truth - Reasoning - Leading & Managing - Uncertainty - Sales - Media & News - Countries - View All Patricia Chadwick Quotations

    Related Authors


    - - - - - - - - - - - - - - - - -


Authors (by First Name)

A - B - C - D - E - F - G - H - I - J - K - L - M
N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Other Inspiring Sections