Brian Reynolds
Brian Reynolds
positive remains sign
As long as issuance remains strong, and there's no sign that it won't, that's a positive for the financials.
bond coincides corporate investors looking market realized rises seeing signs strength
We're looking for signs that it won't continue, but right now I'm not seeing signs of that. The rises in corporate issuance coincides with strength in the market as investors realized the corporate bond market wouldn't let them down.
asset bonds coming corporate debt difference due earnings huge operating price roll signs start stock stocks valuing weak worried
For me to get worried about the stock market, you have to show me signs that corporate bonds are getting weak and all this debt coming due isn't going to be rolled over. If you can't roll the debt over, you have to start valuing stocks on an asset basis. If you can roll it over, you have to start valuing it on an operating earnings basis. There's a huge difference in price between those two.
drop
These numbers, they're OK. They're a little better than expected. It's like a drop in the ocean.
actual airline bankruptcy bonds filing impact sector since
Bonds in the airline sector have been priced with bankruptcy as a real possibility since the spring, so an actual filing shouldn't really have an impact on the market,
fed people reaching surprised
Everyone was reaching for yield. When the Fed first tightened, people were surprised as heck.
basically division effort elected entire hawaii march move national since swims towards training tremendous yields
The training and effort we get in Hawaii yields tremendous swims in March at the (NCAA Division II) national championships. And since that is basically our entire season, we've elected to move towards that environment.
cost lower negative structure
If these things had not been done, it would have been a big negative because they have to lower their cost structure to be competitive.
continues deals flood gut high market pickup point tells yields
My gut tells me that spreads and yields are still too high to see a flood of deals. But if the market continues to improve, we will be at a point where a pickup in deals would be feasible.
break great nine shows
When you can break nine of our records, that shows you there were a lot of great efforts.
attempting blessing businesses changing church constantly organism period pushing transition
It's a transition period now. We're a constantly changing organism that is attempting to be a blessing to the community. The church is not pushing businesses out.
bears fed money pumping reason stocks
A lot of bears feel the only reason stocks are up is because the Fed is pumping money into the system.
asking buying fed people saying
Way too many people have been saying this. I'm even getting people asking if the Fed is buying stocks, which is just too weird.
effort natural special talent tremendous work
What makes Jakub so special is that he combines tremendous natural talent with a very disciplined work effort every day.