27 Quotes by Tobias Levkovich
- Author Tobias Levkovich
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While we think 2006 will be a good year for stocks, we do not necessarily think it will be an easy one, without hiccups along the way.
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The President's proposal should be viewed as an initial bargaining position.
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There could be a hiccup at the beginning of the year, but we would look at that as a buying opportunity.
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To a degree, the Japanese market has been marching to its own drummer for a number of years due to its economic difficulties.
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We think most investors already seem to expect a Bush victory. Consequently, we infer that a Bush victory would be somewhat anti-climactic.
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We do not think that investors have given up on the equity markets and we remain bullish over the next few months, ... the beginnings of an economic tailwind, the probability of needed incremental upward earnings revisions, reasonable valuation and relatively strong degrees of skepticism amongst investors we talk to.
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Tech has been the biggest factor behind the latest bull run, so the fact that stocks are down seems fairly reasonable. I hesitate to sit back and say this a great buying opportunity.
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That, in our opinion, probably suggests we're close to the bottom.
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It seems as if we have re-entered the bizarre world in which every piece of news must be interpreted as being bad for equity investors.
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