Alan Skrainka
Alan Skrainka
drives fed hikes inflation line low market next pressure psychology rate short
We think, in the short run, psychology drives the market but in the long run, fundamentals drive the market. We see very low inflation and no inflationary pressures. We think, going forward, expectations have come back down in line with fundamentals and we won't have the pressure of Fed rate hikes over the next 12 months.
acted analysis customers earnings fed growth guess market neutral next overall points practice price promptly service shifting solid technical trend year
We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.
confusing data determine far few half hike next percentage point quarter raise signs slowing whether
The signs of slowing are few and far between. I think it's really the data between now and (the next meeting) that will determine whether it will be a quarter percentage or half percentage point hike but I think it would be confusing not to raise (rates).
close five next reasonably relative talking
It's (Johnson & Johnson) very reasonably priced, relative to its prospects, and while J&J may be at a yearly high, again, we think it is pretty close to its five-year low, if you are talking about the next five years.
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The next major event is Microsoft's response, but I don't think that's significant. It's significant but not to the technology sector as a whole.
buying investors taken three throwing time wake
There has been a lot of s elling that has taken place and you see so many analysts that are throwing in the towel. I think when investors wake up three or so years from today, they are going to look back on this time as a buying opportunity.
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We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.
against asian cheap compete flood
(U.S. companies) now have to compete against this flood of cheap Asian imports.
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So many Americans are consuming by using their home equity. If you can't afford a standard mortgage, you probably shouldn't be buying a home.
concern economy far faster grew hard hikes interest maybe might people rate thinking
Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.
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I think people are looking for good value in the market and they're finding it in 'old economy' stocks. What these companies have in common is they're all viewed as great companies at a strong price that are not dependent on a slow economy.
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I think politics are a sideshow right now. We think the best thing an investor can do is step up their buying gradually as prices move lower.
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I think people placed bets today based on (the data). By buying stocks today, you are assuming we won't get bad news tomorrow.
companies equity help private tech tried unit
It has nothing to do with the economy. It was in the private equity unit where they tried to help fledgling tech companies get started.