Mary Farrell
Mary Farrell
good quality
If you own good quality companies, you don't need to do anything,
appreciate coming earnings interest likely market rates slowing
With earnings slowing and interest rates coming down more slowly, the market is likely to appreciate more slowly.
definitely focusing market
I think the market will definitely be focusing on earnings.
correction healthy internet normal seeing
I think what we're seeing is really a normal correction and a very healthy correction in what had been a very overvalued sector, the Internet sector.
bull firmly
I think we are firmly in a bull market,
certainly economic either federal given interest justified quite raising rates reserve soft
Given the economic numbers, which are certainly confirming that we are having a very soft recovery, I think the Federal Reserve would be quite justified not raising interest rates either this month, or in subsequent months.
beaten companies retailing
I think if you look at sectors that have been beaten down, a lot of the retailing companies come to mind,
good last missed prices
You can get some very good prices here, if you missed them on the last go-round.
behind clear worst
I think the worst may be behind us but it's not clear how long it will take.
expect forward gains last months past seen sharp three
Going forward from here, I wouldn't expect the kind of sharp gains we've seen in the past 12 months or the last two to three years,
bonds call gonna government investment investors pay percent safe
Government bonds many investors like because they are the 100 percent safe investment. You never call an investment guaranteed, but if the U.S. government doesn't pay off its bonds, that's gonna be the least of our worries.
evidence points
This is all very promising. The evidence points to it.
companies focus good investors maybe positive potential visibility
A good focus for investors is to be in companies where you have very good visibility of earnings, maybe even the potential for a positive surprise.
barriers brought crash decade far fast few last less market stock thousand
All of these thousand-point barriers are significant just because we've come so far so fast over the last few thousand points. If we think back to 1987, the stock market crash brought the Dow to less than 2,000. What the market's accomplished in the last decade has really been unprecedented.