Brett Gallagher
Brett Gallagher
backup guys lost
We lost all of our power. We're on backup power. Our guys aren't trading.
positive tax
Eliminating the dividend tax is a psychological positive for the market, ... but at the end of the day, it's no big deal.
best bottom companies developed ends giving market pick sector stock
Every market and every sector has different things that make it tick. So when we're looking, for example, at developed markets, we are bottom up stock pickers. We'll pick the best companies and see what kind of allocation that ends up giving us.
durable economic extent good poor vacuum
To an extent we're in a vacuum where even poor economic statistics, such as the durable good orders, can't dissuade investors.
build fund initial leaning managers selling toward using wonder
What I wonder is are we going to see follow-through selling after the initial drop, or are we going have fund managers using the pullback to build up positions? I'm leaning toward the latter.
ability concern corporate costs create deals driven economy general greater help meet next reduce seem
There's a general concern about the economy and corporate profits. The deals seem to be driven by the ability to reduce costs or create greater synergies of scale, so it's not something that's going to help them meet next quarter's earnings.
ability concern corporate costs create deals driven economy general greater help meet next reduce seem
There's a general concern about the economy and corporate profits, ... The deals seem to be driven by the ability to reduce costs or create greater synergies of scale, so it's not something that's going to help them meet next quarter's earnings.
bit energy percent run sector sensitive september
A lot of the other cyclically sensitive sectors have already run 50-to-100 percent from the September lows. Energy is one sector that's lagged a little bit there and we think there is still some value,
convinced inspire until
There was nothing that was said to inspire confidence. Until we see some end-market pickup, I'm not going to be convinced the end is near.
companies earnings estimates gonna hurdle kick markets
As we kick off earnings season, it's going to be important what these companies are saying. Estimates are down so low, that if companies keep disappointing, markets are gonna have a big hurdle to overcome.
analysis catching companies fallen higher looking market quality seems whose
It seems to me that this is a market where fundamental analysis has fallen flat. If you're looking for higher quality companies whose fundamentals are on the mend, you're not catching this market.
begin carry chicken flows follow momentum months nice six tend
It's a little chicken and egg. The flows tend to follow the market, but when you get a nice six months in a row, the momentum can begin to carry itself.
companies decade demand headed investment might otherwise past picking pulling sucking supply tech united united-states
There's been very little investment in infrastructure at these companies over the past decade -- tech was sucking up all the capital, ... Demand is picking up and you have this big, new demand from China, which is pulling away supply that might otherwise have headed to the United States.
market seen wildest
It's the wildest market I've seen in some time,