Barry Ritholtz
Barry Ritholtz
Barry Ritholtz is an American author, newspaper columnist, blogger, equities analyst, CIO of Ritholtz Wealth Management, and guest commentator on Bloomberg Television. He is also a former contributor to CNBC and TheStreet.com...
NationalityAmerican
ProfessionAuthor
CountryUnited States of America
accept complete cut cuts economic happy john kerry market means met might recovery reducing roll rolling seems select tax willing
The market never met a tax cut it didn't like and it would not be happy with a complete roll back, ... but if the economic recovery seems to be full-throated, the market might be willing to accept the rolling back of select tax cuts as a means of reducing the deficit, making John Edwards and John Kerry more appealing.
caps fruit picked small
The low-hanging fruit has been picked on a lot of the small caps already, and when the low-hanging fruit has been picked, you have to be more defensive.
china demand energy home including interest low unusual
If you look at which sectors have done particularly well this year, including home builders, mining, energy, other commodities, they have done well because of unusual factors, ... such as the still historically low interest rates, which are already rising, or demand from China for commodities.
painful rough round
It's been a rough week, and at the end of the month, a painful round trip,
commodity core effects energy feeling increased matter maybe rate start time
It was a matter of time before the core rate started feeling the effects of increased energy and commodity prices. Maybe it's aberrational but maybe it's the start of something more significant.
fed fork proverbial
The Fed is now at the proverbial fork in the road,
biggest capital danger economic employment faces fed figures jack modest quickly rates since
The Fed doesn't have to jack up rates really quickly since other economic indicators are softening. Capital expenditures are modest and employment figures are anemic, so the biggest danger the Fed faces is smothering the recovery.
across contrary head inflation people rearing
We see inflation rearing its head across the board. Contrary to what a lot of people have been saying, it's not just energy.
across board coming despite earnings fourth function good issue problem quarter statements stocks
Earnings have been coming in across the board pretty good, but the problem hasn't been earnings. The issue is the forward-looking statements for the fourth quarter or 2006. Despite good numbers, you see some stocks getting punished. It's a function of the outlook.
bit elections heading markets possible quite rally solid
In our view, it is quite possible that the markets may get a bit spooked heading into the elections, but muster a solid rally afterwards,
although investing involves means okay stay
If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.
although forget future guess market people pinpoint simply tells whether
People forget that although we can pinpoint the price, we can only guess at future earnings. The past isn't much help: It simply tells whether a market was pricey or cheap.
buy lots require
When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.
bad buyers community dip earnings economy investment monday realized reflecting slowing step
There was a lot of trepidation on Monday after Friday's sell-off and when things didn't go from bad to worse, it has emboldened dip buyers to step in. But most of the investment community hasn't realized that the economy is slowing and that earnings are reflecting that and valuations are going to have to be adjusted.