Charles Lemonides
Charles Lemonides
earnings growing growth less next washington
(I)n Washington Mutual, you're getting in there at less than 10 times this year's earnings estimate. Earnings are going to be growing if not 10 percent, 15 percent, over the next two years. If you're in there at less than a double-digit multiple, and you've got 15-percent earnings growth going out, I don't see how you get hurt.
bubble market
There's not a bubble in this market today.
chatter cutting federal interest looking market reserve
Looking at the economy, there's been a lot of market chatter about the Federal Reserve cutting interest rates.
bargain bit people
We had a pretty pronounced sell-off, and now some people are doing a little bit of bargain hunting.