Anything that makes investors feel comfortable with the inflation level and the way short-term interest rates are going is going to help the market.
More Quotes from Stuart Freeman:
We are maintaining our long-standing target for the Dow 10,000 area by late spring 1999.Stuart Freeman
We think right now we're looking at a range in the intermediate term between the current level to 8,000 and down into maybe the 7,300 area. At the same time, as you look at those levels to the 8,500 target we see for next year, there's still good opportunity for gains.
Stuart Freeman
You've got interest rates on your side, inflation on your side. Earnings look good in the second quarter and we think they will be good for the balance of the year. We don't see the indicators to suggest we've got problems at this point.
Stuart Freeman
We're in a funny space. Too much good news is not good news because the market worries about the Fed.
Stuart Freeman
We've been thinking that the Nasdaq, as an index, would likely outperform a lot of the other indexes this year. It's a lot about secular growth. We're seeing growth in technology. And for the most part, it's been a tech year.
Stuart Freeman
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