As an industry, we are looking at a potentially very significant political disruption this year, and I think there's a risk factor that has to be compensated for, it wouldn't be an area I would overweight. Brad McMillan More Quotes by Brad McMillan More Quotes From Brad McMillan Investors underappreciate the role of cash. People think you always need to have your money in the market, but having cash gives you the opportunity to buy when the market goes down and lets you sleep at night. Brad McMillan top-news I expect we're going to see market confidence recover. Brad McMillan top-news I think it's (the market's decline) a continued reaction to the trade policy situation, we see the United States announce certain unilateral actions, then we're starting to see some of the responses, and I think the markets are getting increasingly worried. Brad McMillan top-news Data came well above expectations, that says the dollar strength is not hitting U.S. manufacturers and trade at least so far. Brad McMillan top-news There was a knee-jerk reaction to the Trump Jr emails, but it's a not a problem today, so the reaction was overstated. Brad McMillan company-news I think we are going to have a slow drift up, everybody is at the beach already and I don't expect a lot of action, in the absence of some kind of market-moving information. Brad McMillan business We don't need them to get better -- although they are. We just need them to stop dropping. Brad McMillan business The fear trade has about run its course, we're at the extreme. It simply can't get that much worse. Brad McMillan money I think there's a recognition that maybe the world isn't ending after all. It makes sense to have a more cheerful outlook. Brad McMillan top-news I think it should be a fairly calm day, the market reacted to JPMorgan's earnings, the better than expected Chinese data, and now at the end of the week, everyone's kind of settling back and thinking' ok we got through that, lets think about what happens next week,'. Brad McMillan company-news What we've seen over the past couple of weeks is really just a return to normal. Brad McMillan business The central banks have been taking extraordinary policy actions in the last several years...and now we’re seeing that it hasn’t been as effective as everyone had been assuming, when you add in the fact that the European banking system is under serious threat right now, you could actually see a path to the kind of systemic crisis that we had in 2008. Brad McMillan company-news There are very legitimate reasons for concerns. You could argue the market response has been very rational. At the same time, how much have things really changed? I would argue not much. Brad McMillan business It's scary when you see the second largest economy on the planet seemingly melting down, there are very legitimate reasons for concerns. Brad McMillan company-news Stocks are going to have to shift to a domestic economic performance focus …. We're going to see the market focused on what the U.S. economy is doing, rather than The Fed policy, i think we see a continued upward trend for the rest of the year. Brad McMillan company-news The economy is now strong enough to take a slowdown and to continue to move forward strongly. Brad McMillan company-news
