Michael Carty
![Michael Carty](/assets/img/authors/unknown.jpg)
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.
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.
bargain buy company stock sure willing
If a company is so sure that their stock is a bargain that they're willing to buy it back, that's reassuring.
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,
oil prices
The oil prices are really a bugaboo on the market.
earnings economic momentum seems
There seems to be a lot of economic momentum and earnings momentum fueling this market.
action bounce couple fairly few higher last likely microsoft positive response tomorrow ugly
I think tomorrow should be a fairly positive open, with the techs a little higher on Microsoft and in response to the action over the last few days. We've had a couple of ugly sessions and you're likely to see a little bounce off of that.
combined dry higher interest layoffs margins orders profits rates record rising start
The new orders index was better, profits are going to be up a little, interest rates are at a record low, there have been so many layoffs that that may start to dry up, there will be rising productivity and higher profit margins -- all these things combined could give some support,
earnings focus inflation starting turn worries
Because inflation is modest, and worries about that are starting to diminish, I think the focus will turn to earnings, and the earnings are going to be very strong.
earnings giant good growth microsoft percent product somewhere
First off, Microsoft does have a good product mix, ... It has a five-year earnings growth rate, which is somewhere around 15 percent because it is a giant after all.