22 Quotes by Howard Gorges
- Author Howard Gorges
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Some sort of correction was overdue. The market may now be moving into consolidation after recent sharp gains. There is still a good appetite for stocks.
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You can't just get people to suddenly discover integrity overnight.
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A bit more good news could push the markets higher but any uncertainty could still shake them out.
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It may not be long before we see another interest rate cut and this could account for the follow-through buying we are seeing today.
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It's been a bit volatile today. People are selling into strength and buying into weakness.
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It's good to see CLP making a one-off gain last year and investors are happy to see that its earnings from overseas operations are increasing. However, it faces problems ahead as the government looks to change the scheme of controls which apply to local power companies.
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They won't go mad; they're coming back after being in the doldrums.
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In the long-term, I think there is quite a lot of institutional money that might just want to simply have a yield, a relatively high yield, with perhaps a little bit of growth potential in it.
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In a bid to combat deflation, there was a concerted drive by the Chinese authorities to get people to take their savings and invest in the stock markets.
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