Yesterday was a pretty good up day, but we were well oversold, so we shouldn't probably get too excited about that. This is just the beginning of the heavy earnings results from the third quarter, and from everything we're seeing so far, the results are pretty mixed, but guidance in general is kind of cautious for the fourth quarter.
More Quotes from Linda Duessel:
It's mid-2005, and we're having a mid-cycle slowdown, not a recession, ... The problem is this bull market is old, the Fed is tightening and inflation, though benign, is going in the wrong direction.Linda Duessel
I think it's an excellent opportunity.
Linda Duessel
Investors could get in trouble in the search for yields by buying a stock that has a high yield only because the stock price is going down.
Linda Duessel
One of the things that I like to say about the names that I choose is that the strong will get stronger, ... Those are the kinds of companies that we buy in our fund, and I think that as we move into a growth slowdown, the kinds of companies that are reliable in their earnings and revenue growth rates, will become more dear, and investors will be willing to pay up.
Linda Duessel
This has been one of the strongest starts of the year we've had in many years. You shouldn't expect it to keep on going.
Linda Duessel
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