Jeffrey Hirsch
Jeffrey Hirsch
august declines definitely early likely looking lower quite steep sustained until weak
I'm not looking for quite the same steep declines this year, but early August has already been weak and we are definitely trending a lot lower for the period. You're not likely to see another sustained upturn until the end of the year.
existing hurricane situation
I think the hurricane really just exacerbates an existing situation for the market,
automobile company industry remove represents sure
It's not inconceivable to remove GM. But I'm not sure if there is another automobile company that better represents the industry and the auto industry is here to stay.
focusing happening markets plans
Everyone is focusing on what's happening and making plans for where the markets are going to go.
tends
There tends to be a lot of housecleaning from institutions in September,
expecting few growth last normally november pace saw unlikely
I'm not expecting this November to be any different than it normally is, but it's unlikely we'll see the pace of growth we saw over the last few years.
bull last markets
Most bull markets don't last as long as this one has.
breaks event proverbial straw
An event like this can be the proverbial straw that breaks the market's back.
looks minor second summer typical
Not really, as we've had a pretty typical first and second quarter. It looks like we'll see the traditional minor summer rally.
bull correction former heels huge indicator minor seemed success
But that was just a minor correction on the heels of a huge bull market. The market's former success seemed to be more of an indicator that year,