Bernadette Murphy Quotes on Finance (3 Quotes)

We've been focusing so much on tech. And we're starting to see that although these groups have periods of growth, they are basically cyclical... But until investors realize that, these things (Oracle's warning) are going to have a big impact on trade, ... that the banking stocks will come under pressure too.

A problem with the banking industry is that it's very difficult to evaluate what loans banks have in their portfolios. At times like this, banks will come under selling pressure.

The realization now is that the economy really is starting to slow down. And we've had figures from certain industries that would indicate that. And so therefore, investors are trying to put their money where gains in growth and earnings will take place, even in a slower economy. The areas that I think have been benefiting, and I think will continue to benefit, are the financial and health care sectors because that has been a traditional growth area. But not at the percentage gains that some of the technology companies have experienced.