336 Quotes by Barry Hyman
- Author Barry Hyman
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I think you walk away this week feeling much more secure than you began the week.
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I think the Federal Reserve Board acted properly and left the window open for lower interest rates, which will please the market.
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The consumer is still spending, ... They are the leaders in this sector. I want to be involved in the leader of that particular sector.
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I'm neutral on the market here, as I believe stocks will be caught in a range as investors try to figure out the story of inflation and economic growth going forward.
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I was encouraged by today, but not overly so. We need to see a lot more than one day.
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I like Wells Fargo. Super regional bank, great earnings growth, around 13-14 percent year over year. They just got past their 1 millionth on-line investor, and I want to have a super regional bank or a large bank that has an online presence.
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I think we really have to get to the next Fed meeting before anything significant happens. We have to see the emphasis on a slowing economy, and that's key to seeing that there won't be an open-ended succession of rate hikes.
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In the face of geopolitical tension and oil up almost 4% for the day, the market held up extremely well. Today could've been a nasty day, but everything still performed well. This was a decent end to a lackluster week.
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I think we're going to go down to the wire whether or not it's a half-percentage point (increase). If you want to maintain market stability, a quarter percentage point could keep the market at bay.
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