We think we've seen an inflection point where for the balance of the year there should less of a drag from currency. Phil Orlando More Quotes by Phil Orlando More Quotes From Phil Orlando To some degree Trump is using Chinese trade issues as a means of trying to extract additional cuts from the Fed to bring interest rates down, believing that at some point in the future he has the ability to sit down with the Chinese and pull a deal together. Phil Orlando business We've had a 9 percent post-Brexit bounce, the market is getting pretty exhausted, you got a lot of uncertainty on the immediate horizon. Phil Orlando company-news We've got a very volatile summer coming up. Phil Orlando company-news We think the election will become a much bigger deal shortly, but the market has been ignoring it for now. Phil Orlando money The election this year is the height of uncertainty. Phil Orlando business We're moving away from growth because the economy is decelerating and investors are starting to play defense. Phil Orlando healthcare Investors are scared to death. Phil Orlando company-news It's not giving anyone any confidence because to me at least it resembles a bad reality show on television. Phil Orlando company-news The knee-jerk reaction on the Fed lift-off is negative, we think the Fed lift-off is a positive for the economy and stocks, because it means the Fed is rubber-stamping the fact they truly believe the economy is strong enough. Phil Orlando company-news It is inconceivable to us, with $3.65 trillion in foreign currency reserves, the Chinese government and the PBOC would sit there and watch the second-largest economy in the world slide into recession or worse, i don't know if we're completely out of the woods at this point. Phil Orlando company-news Investors are expecting some better earnings out of the banks next week, compared to the broad S&P. Phil Orlando company-news If you are a believer that the Fed is going to start to normalize policy, financials are a category that should work. Phil Orlando company-news Folks who say that stocks are fairly or over valued now are just looking at one metric of P/E based on history, but they are ignoring the fact that interest rates and inflation are about 65 percent below where they normally are. When those two are low, the P/E should naturally be higher. Phil Orlando company-news The fact that you've got these millennials delaying life and not getting married and not having kids is not a function of the fact that they are completely different from every other generation, it's a reflection that they went to college and ran up debt and couldn't find a job. Now that the economy is starting to improve for these folks, household formations have literally gone vertical. Phil Orlando company-news As individuals get married and buy houses and have kids, you need car seats and cribs. That's the next layer of stuff that's been delayed since '08. Phil Orlando company-news It's taken fifteen years for the Nasdaq to grow into something rational. Phil Orlando business The psychology of the market has been horribly negative for the last couple of weeks, what turned the market around today was plain and simple: the Michigan number was outstanding. Phil Orlando company-news
