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Michael Carty Quotes

This stalling is likely to continue as we get through this period. But in early to mid April, you could start to see stocks move higher as the earnings reports start coming in and they prove to be positive, as the economic news continues to be strong and as the issues that are going to determine the election become more clear. - Michael Carty

Tags

Stalling | Continue | Period | Early | April |

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I kind of like consumer non-durables, (they are) all expected to earn 20 to 25 percent or better this fiscal year... They have good returns on equity, 15 percent plus. And I think they're priced appropriately within their price-to-earnings multiples. - Michael Carty

The path of least resistance for this market is up right now. - Michael Carty

I don't think that anyone is immune to interest rates. Although the Justice Department said it wanted to divide (Microsoft) into two parts, the judge seemed to be disinclined to do that. However, if the Justice Department does decide to do that, we're going to have a difficult time in the near-term. - Michael Carty

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