There's a number of different factors affecting the markets. We're getting near the end of the year and with the S&P 500 up around 20 percent, there's a lot of portfolio pruning going on, with people taking profits, or choosing to sell for tax purposes.
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This quote is just one of 9 total Sarat Sethi quotes in our collection. Sarat Sethi is known for saying 'There's a number of different factors affecting the markets. We're getting near the end of the year and with the S&P 500 up around 20 percent, there's a lot of portfolio pruning going on, with people taking profits, or choosing to sell for tax purposes.' as well as some of the following quotes.
Over the last few days, we've seen oil prices come back, and the market was looking for that to happen, especially since that has been a tax on the consumer and on business.
There's a number of different factors affecting the markets. We're getting near the end of the year and with the S&P 500 up around 20 percent, there's a lot of portfolio pruning going on, with people taking profits, or choosing to sell for tax purposes.
I think it's going to be a quiet week heading into the long weekend. Through the summer, people are going to be focusing on the next earnings period, monetary policy, and if we are going to see more strong economic growth, as well as payrolls.
Stocks have had a good run over the last couple of months on anticipation that the fourth-quarter earnings would be good, and by and large, they have been. But we've had so many weeks of an up market that it was bound to stabilize at some point, which is what we're seeing now.
This quote is just one of 9 total Sarat Sethi quotes in our collection. Sarat Sethi is known for saying 'There's a number of different factors affecting the markets. We're getting near the end of the year and with the S&P 500 up around 20 percent, there's a lot of portfolio pruning going on, with people taking profits, or choosing to sell for tax purposes.' as well as some of the following quotes.