3 Quotes by David Presson

I think investors are somewhat nervous about the economic data coming out. Once investors do become more convinced that we are near the end of the rising interest rate cycle, the market will turn around.

I think, you know, you're going to have these crosscurrents in place here for the next few months where investors will be reacting to slower spending, but also the likelihood that interest rate hikes are going to be behind us. But because we think the economy is slowing, we think a better place to put your money going forward are in some of the sectors where growth rates will hold up somewhat better.

We'll hold on to what we have and probably be adding to our positions over time. This is a stock that you want to own longer term.