Michael Carty
Michael Carty
Michael Cartywas an Irish Fianna Fáil politician. Born in Loughrea, County Galway to Lawrence and Josephine Carty, he was the eldest of seven children. A schoolteacher by profession, he was first elected to Dáil Éireann as a Fianna Fáil TD for the Galway South constituency at the 1957 general election. From 1961 to 1969, he represented the Galway East constituency, and from 1969 to 1973 the Clare–Galway South constituency. He retired from politics in 1973...
catalyst continues market mostly move news next people rotation waiting
In general, the news continues to be mostly good, but people are now waiting to see what the next rotation will be in stocks, or what the next catalyst will be to move the market higher.
coming continue continues determine early earnings economic election higher issues likely mid move news prove reports start stocks strong
This stalling is likely to continue as we get through this period. But in early to mid April, you could start to see stocks move higher as the earnings reports start coming in and they prove to be positive, as the economic news continues to be strong and as the issues that are going to determine the election become more clear.
defensive few gains movement moving next people run selling sideways year
People are selling into some of the gains from the run this year and moving into the more defensive names. I think you could see more sideways movement for the next few weeks.
good great moved overall premium price question
I think for the shareholders overall it would be great if they could be moved into Alcatel. At least they would come up with a premium price that Alcatel would pay. It would be good for the shareholders, but the question is, will it actually happen?
along continue economy election elections gets kinds looking market moving nicely policies seems start stocks sudden until
In most election years, stocks are up. But when you think about the kinds of policies that are going to be implemented, the market gets a little worried. So, I would say up until the election you will see some very interesting dynamics. If they feel that a demonstration is favorable, drug stocks will get in then and all of a sudden the drug stocks will start looking hot. If the economy seems to be moving along nicely the high-tech new economy-type stocks will continue to do well,
consumer earn expected fiscal good percent returns within
I kind of like consumer non-durables, (they are) all expected to earn 20 to 25 percent or better this fiscal year, ... They have good returns on equity, 15 percent plus. And I think they're priced appropriately within their price-to-earnings multiples.
action cuts fed quarter rose stocks
Stocks rose sharply after the Fed cuts in the first quarter of 2001. So Fed action now could help.
earnings helps likely retail strong
The retail earnings are likely going to be strong and that helps the market.
combined dry higher interest layoffs margins orders profits rates record rising start
The new orders index was better, profits are going to be up a little, interest rates are at a record low, there have been so many layoffs that that may start to dry up, there will be rising productivity and higher profit margins -- all these things combined could give some support,
auto great means older rate repair retail return sales somewhere stocks
I like AutoZone because it's got a rate of return on equity, somewhere in the neighborhood of 40 percent, ... It's got a great franchise. As the auto stocks get older and retail sales for autos are off a little bit, it means that the stock will get older and you have to repair your cars. And they're getting into the diagnostic lines, which helped.
amount cash corporate cost energy facing higher iraq love market prices rebuilding record sidelines sitting six wanting weeks worries
I love it. This is a market you've got to buy. You have a record amount of cash sitting on the sidelines wanting to go to work. A lot of the uncertainty facing the market even just six weeks ago has been resolved, such as worries about the cost of rebuilding Iraq and higher energy prices and corporate profits.
couple earnings held last recorded strong trading
It's recorded strong earnings over and over for the last couple of years. We've held it for the last couple years and made out very well. And it's trading at pretty much its high,
concerned economic fact mainly somewhat strong
We've been somewhat concerned with transportation companies, trucking, mainly because of the fact that we're not in a very strong economic recovery.
afraid bargain coming continue earnings federal hunters recession remain reserve saying seeing technology
Earnings continue to remain strong, even for the technology companies, so I think, with the Federal Reserve saying we're afraid of a recession more than inflation, you're seeing bargain hunters coming in.