The economy's problem is not interest rates it's that there is this global concern about terrorism. In this scenario, investors and risk-takers are saying, 'Why should I get in the middle of this nonsense I'll wait on the sidelines'.
More Quotes from Ram Kolluri:
The market has been happy with the first-quarter results, but why We're seeing companies beat lowered estimates and do it because of cost-cutting, not top-line growth. Unless the earnings start to improve, the economy picks up, this market is going to continue to be too richly valued.Ram Kolluri
This war situation is getting out of control. Buyers are on strike. Six out of the last eight weeks have been down. The action is completely emotion-driven.
Ram Kolluri
You have to really look at them. No. 1, we're not buying into the fact that earnings are going to be dramatically up. So what we are looking for is companies that are selling with the low PE ratios, have decent balance sheets, and paying decent dividends to begin with, ... They all pay very generous dividends, while we're holding on.
Ram Kolluri
It didn't look like anything much was going to happen in the middle of the election rhetoric, but we ended up seeing a pretty good advance after all.
Ram Kolluri
Most of the bad news and pre-announcements are out of the way. What we really need now is guidance that says revenue growth is on the way. Corporations have done everything they can to cut costs, now we need to see that growth.
Ram Kolluri
I'm somewhat in the cautious camp. The rally may continue, but this is exactly how we felt in 1999 and 2000 before we started questioning earnings. I feel there is going to be a reality check somewhere.
Ram Kolluri
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Based on Topics: Terrorism QuotesBased on Keywords: risk-takers
I have survived and possibly I should not hope for more than that.
Christine Keeler
I have a notion that if you are going to be spiritually curious, you better not get cluttered up with too many material things.
Mary Oliver
Ideas won't keep; something must be done about them.
Alfred North Whitehead