I think we've gone through this consolidation phase over most of the first part of the year, after last year's gains. I think it's natural to see that, but it's been difficult for investors.
More Quotes from Peter Brodie:
I doubt the advance is done for the year. There are a lot of seasonal characteristics that are in play and there is still a lot of liquidity.Peter Brodie
One attraction of Latin is that you can immerse yourself in the poems of Horace and Catullus without fretting over how to say, Have a nice day.
Peter Brodie
There are many reasons to be optimistic -- corporate earnings have been strong, with more than 70 percent of companies in the first quarter exceeding estimates. The employment picture seems to be improving,
Peter Brodie
August through October, you historically have weakness. Even with a number of supportive factors in place right now, it's likely that these seasonal factors will kick in.
Peter Brodie
But in the short term, there's a lot of uncertainty, about terrorism, the presidential election and interest rates.
Peter Brodie
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