Alan Skrainka
Alan Skrainka
costs hopeful inflation labor series serious strong unit
I'm hopeful that we're nearing the end of this series of tightening. I don't think we have a serious inflation problem. With strong productivity, unit labor costs are under control.
common companies dependent finding good great looking market people price slow strong value viewed
I think people are looking for good value in the market and they're finding it in 'old economy' stocks. What these companies have in common is they're all viewed as great companies at a strong price that are not dependent on a slow economy.
confusion earnings focus future hot interest picture sector tech turns
Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been good.
following market recession year
The market has done well in the year following a recession. We think the recession has ended.
cautious jumping people reflects selective wall
It just reflects Wall Street's manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.
avoid companies investors job record step theirs track
I think investors should take a step back and look at the big picture. I think the (Fed) is doing its job and investors should do theirs -- avoid those companies that do not have a track record of growth.
computer concern corporate information personal reduced sales slowing technology
There's still a lot of concern about slowing personal computer sales and reduced corporate information technology purchases.
continues dominated economic focused goals market remains stay
I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.
cautious saying step
It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.
catalyst microsoft tech
Clearly, Microsoft is the catalyst for today's tech sell-off.
add advantage blue friday good investors took values
Investors took advantage of the sell-off Friday to add to their portfolio. There are some good values with the blue chips.
economy investors maybe realizing
Maybe investors are realizing there's more to the economy than technology.
economy electricity gap medicine performance rubber seems sounds stocks
I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.
hikes imply seems speech
If you read the speech, he seems to imply that those hikes aren't enough.