We've been telling our clients that their portfolios should be over-weighted in investment services and credit cards. Those are the two segments of the financial services industry that we think have the best fundamentals. And we stick by that advice right now. -Michael Ancell

 

We've been telling our clients that their portfolios should be over-weighted in investment services and credit cards. Those are the two segments of the financial services industry that we think have the best fundamentals. And we stick by that advice right now.


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This quote is just one of 4 total Michael Ancell quotes in our collection. Michael Ancell is known for saying 'We've been telling our clients that their portfolios should be over-weighted in investment services and credit cards. Those are the two segments of the financial services industry that we think have the best fundamentals. And we stick by that advice right now.' as well as some of the following quotes.

One thing this [deal] does underscore is that the investment banking business has become a global business in a hurry and if you don't have a strong presence on both sides of the Atlantic you might as well not show up.

Michael Ancell

Long-term rates are below the federal fund rate. That tells you the Fed's too tight. The reason the 30-year Treasury is so low is because people are expecting an economic slowdown, and that's not going to be good for earnings.

Michael Ancell

We've been telling our clients that their portfolios should be over-weighted in investment services and credit cards. Those are the two segments of the financial services industry that we think have the best fundamentals. And we stick by that advice right now.

Michael Ancell