31 Quotes by Robert Philips
- Author Robert Philips
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Long term, I think the markets are higher. ... I think on a very short basis, we're due for a pullback of sorts. The government is doing all it can to stimulate the economy, but pricing power is a concern longer term.
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We've talked to him about opportunities within our cluster. It's really in Steve's court.
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You have technology showing leadership again today, but I think you'll see a rotational shift by the end of the month, with investors pulling money out of sectors like tech and industrials and putting it into those that have performed less well, like pharmaceuticals.
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- Author Robert Philips
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We're not seeing much movement today (Wednesday) but I think we hit a bottom last week and we've set the stage to move higher in the short term.
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The overriding issue is are we going to get one more rate hike or several.
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To the extent that there remains pressure on stocks even when the company reports some good news means that on a broader level, people don't want to own anything right now.
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The PPI today obviously affected the bond market. Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.
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- Author Robert Philips
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The PPI today obviously affected the bond market, ... Stocks are more neutral right now in that you have oil stocks, materials and drug stocks doing well today, and that's countering the concerns about inflation.
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- Author Robert Philips
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We've had two days of pretty good rallies and now there's a bit of consolidation. We're not going to go anywhere meaningful until lots of these issues get resolved. When stocks get beaten down far enough, people get interested.
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