22 Quotes by Mike Lenhoff
- Author Mike Lenhoff
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We have probably moved ahead of ourselves. The market is not expensive but it has moved quite forcibly upwards.
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- Author Mike Lenhoff
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We've seen a bit of profit-taking (in the U.S.). I don't think this is the start of a serious decline in global equity markets.
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Fundamentals remain positive for equity markets so our view is: stick with the trend, it's not the end, it's still your friend.
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That would lead to a rise in bond yields and in turn start to make equities look unattractive. If that happens on Wall Street, it's going to happen here in the UK, it's going to happen in Europe, and everywhere else.
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We are seeing more analyst downgrades than upgrades. Loss of earnings momentum in Europe is weighing.
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- Author Mike Lenhoff
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We are seeing more analyst downgrades than upgrades, ... Loss of earnings momentum in Europe is weighing.
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There is no reason to think that markets, with the momentum we have seen, will run out of steam.
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U.S. corporate growth remains very solid despite high oil prices. The stock market is bound for some gains today.
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Corporate earnings growth remains supported by the outlook for global economic activity, which is improving.
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