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Letter "J" » Joe Kalinowski Quotes
«The market has been bracing itself for war for the past six months. There's a lot of money that's sitting in safe havens now and everything has been put on the back burner.»
«Coming off such a low base, higher rates are confirmation we're in an economic growth cycle, as opposed to killing off the growth cycle, ... It doesn't deter my confidence in the stock market now.»
«It's really preliminary, but indications are that the worst is over.»
«I think [the stock market] is pricing in some type of earnings recovery but I think the market is priced to perfection.»
«Once we hit the fourth quarter confession season, we'll see a pullback,»
«To an extent, the market has built in a rebound. Whether it's too soon remains to be seen.»
«It's really time to start looking forward.»
«I think the worst of the confession season is over.»
«In this environment the estimates have come down so fast in such as short time that these companies have no choice but to beat the consensus.»
«We're coming off such a low base, higher rates will be more of a confirmation of an economic recovery than a dampening on corporate profits, ... We've been long on a lot of sectors tied to economic recovery and growth, and we're not going to change that stance, even after the first rate increase.»