Michael Farr
Michael Farr
Michael Farris a British expert on the comic series The Adventures of Tintin and its creator, Hergé. He has written several books on the subject as well as translating several others into English. A former reporter, he has also written about other subjects...
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We need dollars being spent again, ... Most recessions always end because the consumer turns. I think a lot of it is going to be in the tech sector and the tech recovery. Most companies weren't spending on tech as they've been just desperately trying to make their quarterly numbers.
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The one sector you have to keep an eye on is pharmaceuticals. It seems to me, every time Mr. Gore opens his mouth, pharmaceuticals start to dip.
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The financial sector really hasn't come alive and gotten to levels much higher than they were a year ago. I think Wells Fargo is very well positioned. It's a cheap stock. It is diversified and they haven't been plagued by Argentina to the degree others have.
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These are two very different stocks, ... Merck is one of the premier pharmaceutical companies in the world. It's selling at 18 times next year's estimates.
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An earnings boost doesn't trump a contrary verdict.
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Will the Fed keep raising rates until the yield curve's inverted? There's not much margin for error here,
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Poor J.P. Morgan. The company has got nailed on everything from Enron to Argentina and bad loans, ... But if we see the economy recover, the financial services will do well.
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Lots of employers don't want people around who aren't loyal,
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Let's get back on that momentum boat, let's see if we can open our day-trading accounts again, ... But I can't help but think, where have you been for the past year? Haven't you learned anything? And wasn't it painful enough for you? Maybe we need some more pain, but I don't think we are going to get a lot more of it.
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Now that the dropping has stopped, when do we start with the moving back up? That is the big question.
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But, no matter who wins, we're going to see increased defense spending and a lot of that is already priced into the defense stocks,
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It puts the Federal Reserve in a bit of a conundrum.
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Despite all the advances in hiring technology, most people still get hired -- or, more often, screened-out -- based on a personal interview.
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The news today (Wednesday) is bad, but bottom line is, who cares? In general, the news is good, we've hit a bottom and are going to start to see improvement.