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Barry Ritholtz Quotes

«If you look at which sectors have done particularly well this year, including home builders, mining, energy, other commodities, they have done well because of unusual factors, ... such as the still historically low interest rates, which are already rising, or demand from China for commodities.»
«We saw a fairly robust rotation out of fixed income and into stocks in the first two days of the quarter. The strength of that took some people by surprise, and now we're seeing markets drifting a bit.»
«It's been a rough week, and at the end of the month, a painful round trip,»
«Stock valuations have been stretched, everyone knows a rate hike is coming and great earnings are already baked into the stock market, so you're seeing this churning, and unfortunately, I would expect it to continue for the next few weeks.»
«We need to see a confirmation in the next few weeks. We need another session of gains of 1 to 2 percent for all the major indexes before I'll be confident that this is a bottom.»
«I think plenty on Wall Street would be pretty shocked to hear that.»
«The market never met a tax cut it didn't like and it would not be happy with a complete roll back, ... but if the economic recovery seems to be full-throated, the market might be willing to accept the rolling back of select tax cuts as a means of reducing the deficit, making John Edwards and John Kerry more appealing.»
«The way some of these smaller stocks that have suddenly come to life and exploded might suggest that there's a bit of speculation left to be wrung out of the market.»
«The low-hanging fruit has been picked on a lot of the small caps already, and when the low-hanging fruit has been picked, you have to be more defensive.»
«People read too much into rallies. All you're doing is alleviating some of the agony that investors have been through the past three years,»

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