John Shaughnessy
John Shaughnessy
ahead chance couple few good homework lose sleep steps system
They're very, very good at what they're doing, ... and they're a few steps ahead of us in a couple of areas. They've done their homework about the payments system and because of (them) we all have a chance to lose some sleep at night.
looking looks minor
I'm looking for a minor correction. It looks like we're going to have one.
compliance hacks seen
I will say that of all the hacks we've seen - and we've seen hundreds and hundreds of these - had the third-party been in compliance (with association rules), they probably wouldn't have been hacked,
basis breathe certainly early earnings fall fed frankly good huge market maybe might operating plus raise rally rates relief reports rest second sigh strong summer supposed
I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place.
basis believe beyond caused federal further increases last major market monetary odds points raising rates reserve year
Look back in the last 30 years, the Federal Reserve has caused every major market pullback because of tightening the monetary policy, ... I believe the odds are that they will be raising rates by 25 basis points on Nov. 16. But beyond that, that will be it, well into the year 2000 before any further rate increases take place.
bank capacity certainly current discount earnings growth market modest next number percent provides selling year
Bank One is selling at a discount to the market and provides a modest current yield. And frankly, it's got the capacity to grow, with earnings growth of 13 percent a year over the next number of years. So it's one that we think, certainly for value-conscious investors, makes a lot of sense.
bad tougher
We're making it tougher and tougher for the bad guys,
best both continues domestic earnings economy flow foreign given happening inflation market money outlook reasonably remains seeing strong
What we're seeing happening is the best of all worlds. The economy is strong yet inflation remains quiescent. The earnings outlook remains reasonably good. Given those things, the money continues to flow into the market from both domestic and foreign sources.
fed interest point pressures quarter raises rates reality serving
The reality is that if the Fed raises interest rates by a quarter of a point all that's doing is serving to keep inflationary pressures under control.
attend letters saying
We were congratulated and got letters saying we were to attend orientation for the academy. Then we were told there wasn't enough money. We were crushed.