26 Quotes by Kevin Bannon

After being worried that the economy was too hot and that inflation was coming back, suddenly you have this notion that maybe the economy is a little soft, that maybe the Fed has been a little overzealous.

A lot of companies are kind of pre-announcing uncertain second halves, or disappointing second halves.

A lot of the economic releases are basically suggesting that economic activity has stopped declining, ... With interest rates coming down and the tax cut in the works, you've got to believe the economy will be expanding.

Everyone knows the Fed will raise rates 50 basis points when it's at one time or two time. I think what you want is a Fed that's on the job and this Fed is clearly on the job and I would say they're neither ahead nor behind right now.

In earnings season especially, people will tend to ask first and analyze later. So I think what investors should be doing is looking at the earnings reports beyond the headline numbers. A stock may be off sharply for a temporary reason, a shortage of a component that is a terrific buying opportunity. A stock may rocket up again for a non-recurring factor that is a chance to sell. Investors should just take advantage of the opportunity to sit back and capitalize.

In an environment where growth is going to be slower, where pricing power is not easier to find, that brings you back, I think, to tech and telecom that have been the leaders of the market. Tech is up these days; telecom is down. There's probably a better area to buy in. And I think that energy is a good area as well,

If people sense that there's inflation pressure then they worry that the Fed isn't done. The market cares because the Fed cares.

The common them there is both of them have a lot of exposure to natural gas, which will be a big play in energy. They've done pretty well. But I think if you're a patient investor and are looking out a couple of months, you'll do well in them.