Robert Robbins
Robert Robbins
Robert D. "Bob" Robbins is a Republican member of the Pennsylvania State Senate, representing the 50th District since 1990. He previously served as a member of the Pennsylvania House of Representatives for the 17th District from 1983 to 1990...
climate company fears higher home inflation interest momentum oil rates sail strong suffer
Home Depot didn't suffer through the higher interest rates in 1990 or all those oil inflation fears and so forth, ... And the company is really a very strong company. Their momentum has accelerated so I think they'll sail right through (a climate of higher interest rates).
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Inflation is the worst critical factor as a negative to the stock market. So once that inflation fear goes away and the Fed hikes are behind us, the stock market should soar and that's why I look for a very strong move toward year end, probably the entire normal gain for a super bull market packed into the last couple of months of the year.
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The Fed rarely surprises the markets, and the consensus of private economists is clearly that the Fed will not do much. We really had slowing data on the economy and slowing inflation pressure. And I'm hopeful that this is close to the end of the Fed rate hikes,
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I suggest the small investors dig in their heels with this market, not worry too much. The Fed really didn't cause a significant inflation problem. So far, this inflation pressure has been no worse than the worst it's been in the last several years. And each time it's been a great buying opportunity. Any time you can buy the S&P 500, the stock market index of the top 500 stocks, when its 7 to 11 percent off the all-time high, it's probably 2 to 1 odds. Given the history of super bull markets that we've had for 18 years in the two other of the century, that's going to be a fabulous buying opportunity. And if it's not, than you're probably half way down to the ultimate low and that's going to be an even more fabulous buying opportunity.
general strong stronger
It's in a very strong subgroup and a strong fundamental story. Semiconductors, in general have been stronger here recently.
general strong stronger
It's in a very strong subgroup and a strong fundamental story, ... Semiconductors, in general have been stronger here recently.
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It's an appropriate example of the new corporate governance since the stock has languished for so long.
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It will just be a natural edge for some of the more sophisticated and capable investors to do that, ... I think it's also fighting the competition a little, too. There have been a lot of upstarts that have grown very rapidly and the big firms are going to want to participate in that, too.
devote good time
It's just so difficult. I don't have the time to devote to it. You need to do it often to be good at it.
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It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately. But I don't think we're vulnerable to that right now.
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It's obviously a play on telecommunications, long-distance (and) Internet-related stocks, and it's doing a lot better than some of the Internet stocks that have softened recently.
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They talked about their responsibility to their patients and staff, and the long-term benefits of sustainability. They didn't have to be sold on it.
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It's held up well against the difficulties of some of the other airlines with some of the fare congestion and the problems with oil prices having been high over the last few months,
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There's a 50 percent chance the Fed is finished and (June's job number) puts the odds up a notch.