Michael Carty
Michael Carty
Michael Cartywas an Irish Fianna Fáil politician. Born in Loughrea, County Galway to Lawrence and Josephine Carty, he was the eldest of seven children. A schoolteacher by profession, he was first elected to Dáil Éireann as a Fianna Fáil TD for the Galway South constituency at the 1957 general election. From 1961 to 1969, he represented the Galway East constituency, and from 1969 to 1973 the Clare–Galway South constituency. He retired from politics in 1973...
continues earnings focus good happening interest market
There are a lot of good things happening right now, but the market continues to focus on Iraq, interest rates, the presidential election, and particularly right now, the high-profile earnings misses.
although decided drop market next people rumors volume
There are some rumors that although the market is open, a lot of people have decided to take long holidays, and so I think you'll see a drop in volume next week.
basically coming factory negatives orders rebuilding seem
There are some negatives out there, but manufacturing and factory orders seem to be coming back and there will be a lot of rebuilding down in the Southeast. I think we've basically been too negative.
against capital gains losses might people recent selling taken
We might find some people selling off the big winners, ... because they might want to take some capital gains against the capital losses they've taken in recent years.
certainly earnings east fear follow interest market middle relates remain seeing talk trend
We're seeing some jitters about the Middle East as it relates to our presidential election. But I think the trend should remain up. Earnings are certainly strong, and I think the market should follow that. The only thing we have to fear is more talk about interest rates.
catalyst continues market mostly move news next people rotation waiting
In general, the news continues to be mostly good, but people are now waiting to see what the next rotation will be in stocks, or what the next catalyst will be to move the market higher.
dried steam volume
There's not a lot of steam in this market. The volume has really dried up.
basically iraq markets might modest negatives played positive resolution result time
I think the markets are basically making time as a result of the Iraq situation. The negatives are being played up, and the positive things not absorbed. With a modest resolution to some of these things we might see a market rally.
select
They're going to be upwards, ... But it's only going to be in select sectors.
earnings margin operating percent rise run year
They run about 111 hospitals. It has about a 20 percent rise in earnings this year. Five- year projections are 20 percent annually. It's got operating margin around 20 percent.
market people problem reluctant starting
Sentiment, generally, is the big problem now. Even as market fundamentals are starting to improve, people are reluctant to buy,
economy energy growth market normally people prices remains responding rise weak worried
The economy remains in a growth pattern, and normally the market would be responding favorably. But people are worried about inflation, the rise in energy prices and the weak dollar.
diplomatic happen potential recession technical yesterday
Yesterday (Monday) was a technical rally. There's still a lot of uncertainty about a potential recession and about what's going to happen on the diplomatic front.
bad coming investors market news period
We're in this confessional period where there's nothing but bad news coming into the market place now and investors have become really cynical.