I think we're returning to the inflationary worries which is more painful for interest rate-sensitive (companies) and less an issue for technology. It's a similar rotation that began yesterday (Thursday). People are concerned about inflation.
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This quote is just one of 9 total Thomas Galvin quotes in our collection. Thomas Galvin is known for saying 'I think we're returning to the inflationary worries which is more painful for interest rate-sensitive (companies) and less an issue for technology. It's a similar rotation that began yesterday (Thursday). People are concerned about inflation.' as well as some of the following quotes.
The chances are greater for a bad number than a good one.
This will be as bad if not worse than what we saw in the first and fourth quarters of '97. We're looking for about 3 percent S&P 500 growth right now, and the consensus is looking for about 6 percent or better. So I think anxiety levels will remain in place for a couple of weeks until we get further through this confession period.
Over the next 12 months, we believe the Nasdaq has 200 points of downside risk and 2000 points of upside potential, creating a ten-to-one ratio of reward to risk which makes this an opportune time to be aggressively buying stocks.
This quote is just one of 9 total Thomas Galvin quotes in our collection. Thomas Galvin is known for saying 'I think we're returning to the inflationary worries which is more painful for interest rate-sensitive (companies) and less an issue for technology. It's a similar rotation that began yesterday (Thursday). People are concerned about inflation.' as well as some of the following quotes.