I guess the big issue is whether you can sustain profit growth, and everybody's looking at certain factors that will influence the ability for companies to report -- well, for above consensus expectations -- a good report. I think commodity prices, rising interest rates, are having a lagged negative effect on some earnings of major leading corporations. It's not impacting this quarter, but probably the third and the fourth quarter. So you're going to have some diminishing expectations of profit growth, which at these valuation levels could have a somewhat negative impact on price levels,
More Quotes from Jeff Davis:
I probably shouldn't have said it on the radio, but there ain't another team in this league that could fall down by 15 points and still come right back at you. I was never nervous when we got down 15, 18 points. Not with this group. Honestly, if this group works as hard in life as they do on the basketball court, they're going to succeed. There's no quit in them.Jeff Davis
For the last 5,326 days, I have wondered what it would be like to confront the walking cesspool that took my mother's precious life.
Jeff Davis
There is a cyclical shift going on. Deposit growth is slowing, while commercial lending grows, led by real estate. Consumer lending is slowing, which I think is good because consumers have been spending like drunk sailors.
Jeff Davis
It's a bummer, ... because we get so many emails from young kids saying stuff like, 'It's Boys Night Out, not Unisex Night Out' It's frustrating, but we realized when we started writing that we wanted to make a record that would make us happy.
Jeff Davis
Those things happen. If we were where we were supposed to have been, it wouldn't have mattered. They were just two technically sound for us to make those mistakes.
Jeff Davis
Losses will be real, but the flip side is there will be huge building activity for years.
Jeff Davis
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Based on Topics: Abilities Quotes, Corporation QuotesBased on Keywords: impacting, lagged, valuation
It is not necessary to change. Survival is not mandatory.
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I'm doing my part, building plants at a record rate, having historic conservation levels. The only people not doing their part is the federal government that is siding with the energy companies against the interests of the people of California.
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Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow.
William Pollard