Michael Holland
Michael Holland
giving incredible last performance today together yesterday
I think that we had an incredible performance yesterday (Monday). I think today (Tuesday) is just giving up some of what we put together over the last two days.
money
We loaned the money to the church, not to him.
bias both brought financial humor journalism level looked replace sides toward
He has been a financial institution. No one can replace him. He brought financial journalism to a new level with his trademarks of honesty, humor and fairness. He always looked at both sides of the issues. His only bias was toward optimism.
bad good recession shallow shape weather
I don't think we're in bad shape. I think we're in a recession. I think we're in very good shape to weather this recession and make it a short, shallow one.
architect financial services single successful
He is the single most successful architect of a financial services colossus of our time.
digest recent
I think here for a while we will probably digest the recent gains,
decrease global interest rates
We have a global decrease in interest rates and a global decrease in inflation.
stocks
Merrill Lynch could go down some more, but I like stocks like that. I like Merck, but they got pounded on Friday,
al continue greater importance led starting stronger understand
Managements in the U.S. have led the way and now we see are starting to see it around the world, BP et al are starting to show that they understand the importance of getting leaner and stronger and better, ... And we continue to have greater and greater productivity.
bit expect gore president rally relief vice
I think there's a possibility that after Vice President Gore makes his comments, I would expect a little bit of a relief rally tomorrow.
behind congress conviction good growing looking market positive surprise worst
The market is smelling a positive surprise that Congress is going to do something good for the economy, ... What we're looking at is a growing conviction that the worst is behind us.
advantage continue cycle economy economy-and-economics levels market people portion positions profit retain risk taken weakness
The economy and the profit cycle that is in a downturn will come to an end and when it does, people should continue to be invested. Take advantage of any weakness or retain positions ? overall, the market is down to levels where a portion of the risk has been taken out.
coming corporate current dismal earnings economy economy-and-economics key looking market prices profits reactions rest until
The economy and corporate profits looking pretty dismal right now may well be factored into current prices but we won't know that until we get the rest of the earnings reactions, ... The reactions will be key to how the market will look in the coming weeks.
behind bleak curve economy economy-and-economics federal near remains reserve
The economy still remains bleak and is getting bleaker, ... The Federal Reserve remains behind the curve -- this will end, but not in the near future.