Christine Callies
Christine Callies
problem sector tech
The problem with the tech sector is not so much a fundamental problem as a valuations problem.
ask questions sell
There is a predisposition to sell first and ask questions later.
activity analysis baby basically boom boomers combine consumer grounded life overall parents personal quality retail spending tend upbeat
We'd like to combine our overall upbeat analysis of consumer spending and retail activity with our baby boom spending thesis. And this is basically grounded on the observation that baby boomers tend to spend more on quality of life and personal indulgences than their parents did when they were at the same age.
close enterprise street wall
Wall Street has come pretty close to being an around-the-clock enterprise anyway.
bad causes cut fed good news
Bad news can be good news for equities if the bad news causes the Fed to cut aggressively.
ahead elections people position
People aren't going to take any position ahead of the elections.
background bad bear confused market people
In Nasdaq, we've been in a confused bear market for a while. The background environment, particularly in the economy, is not as bad as people think.
anxieties bit corporate couple election expect fourth market minor months next ok prices profits quarter stock third turn view
The election is a minor uncertainty that the market would like to get out of the way. Over the next couple of months I do expect stock prices will be better. I think corporate profits will turn out to be OK and the market will view some of the tensions and anxieties of the third and fourth quarter as a bit of overkill.
economic equity itself market positions recovery
The equity market typically positions itself for economic recovery at the approximate mid-point of recession.
believe buyers delay eliminate investment outcome potential prices race recovery resolution share uncertain waiting
The uncertain outcome of the U.S. presidential race may delay a fourth-quarter recovery in share prices but should not eliminate it. We believe that potential buyers are waiting for a resolution before implementing their 2001 investment plans.
areas generally invest investors portfolio reduce volatility
These are areas that investors generally invest in when they want to reduce the portfolio betas, or the volatility of their portfolios.
assumption cuts full rate tax
This is only under the assumption that the full tax rate cuts go into effect.
few inch market might months seen somewhat supported
The market is supported by somewhat better fundamentals than might have been seen a few months ago. I think the market is going to try to inch higher.
case markets
The markets have got a case of valuation acrophobia,