Stanley Nabi
Stanley Nabi
estimates forcing next raise year
All of these things are going to converge, forcing strategists to raise estimates for this year and next year. That will make valuations look more reasonable.
improved last margins peaked profit year
We're going through a correction. Profit margins peaked last year and we don't see how they can be improved all that much.
bad becoming coming corporate cut debate either evident helping ignoring market might news point stock
The stock market is ignoring all of the bad news that is coming out, either corporate or on the economy. There is a debate right now, quarter-or a half-percentage point cut from the Fed. It's becoming more and more evident it will be a half-percentage point and that might be helping the market.
areas decent market next returns shift
I see the shift occurring, with a grudge. Many areas of the market have become undervalued. They could show decent returns in the next 12 months.
admit agree housing positive rather reluctant starts surprise
I think right now, even those who were once reluctant to admit it, agree that housing has topped out. What will come as a surprise is if the housing starts are really strong, that would probably be a positive rather than a negative.
came companies estimate half increase percent profits total weakness year
I would estimate that in the first half of this year as much as 40 percent of the increase in the total profits of companies came from the weakness in the dollar.
facing invest nobody
Nobody is going to invest facing these impediments.
budget continue deficit exceed government happen likely marginal means result revenue strength
What is likely to happen as a result of strength in the economy, I think government revenue will continue to exceed expectations, which means the budget deficit will come down faster. That is a marginal plus.
current hurdle maintain overcome third whether
The other hurdle that has to be overcome is whether they can maintain their current momentum. The third thing is whether they can innovate.
close explosion higher market recovery year
The recovery is going to be plodding from here. I think the market will close the year higher than where it is now, but it's not going to an explosion on the way up.
coming fed increases opinions revise
Those who said the Fed has only one or no more increases coming are going to revise their opinions. The Fed is not finished. It probably has one or two more increases from here.
case question whether
The question was not whether Case would leave, but when,
almost asked asking calls clients nobody structure ten
For almost ten years, nobody asked me to structure a dividend-yield portfolio. Now I'm getting calls from a lot of clients asking for one.
both excellent growing largest operations percent record thrift track trading
It's the largest thrift in the country. It has had an excellent track record in both operations and acquisitions. It is growing at about 12-15 percent and trading at about 6 1/2 times earnings.