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Letter "D" » David Bowers Quotes
«Investors think that the Fed is almost done. That has been a powerful catalyst to get people to commit to equities early in the year.»
«People are already fully invested.»
«When there's such a strong consensus, the smart money's already there and there's not much for the marginal buyer to gain by following the herd.»
«Investors have become a lot gloomier about the prospects for economic growth, corporate profits and margins -- certainly compared with two months ago,»
«Before we get too excited, it's worth remembering that eleven rate cuts totaling 475 basis points have failed to deliver any meaningful economic recovery; they have also failed to prevent a major deterioration in US credit quality.»
«Investors have become a lot gloomier about the prospects for economic growth, corporate profits and margins -- certainly compared with two months ago.»
«The most striking thing from the survey is how bullish everybody is.»
«The lack of positive growth momentum has undermined risk appetite.»
«Reading between the lines, fund managers are bracing themselves for a bear flattening of global yield curves.»
«Investors are more confident about Japan. There is a slight wariness about emerging-market equities.»