Stuart Freeman
Stuart Freeman
area late spring target
We are maintaining our long-standing target for the Dow 10,000 area by late spring 1999.
funny good market news worries
We're in a funny space. Too much good news is not good news because the market worries about the Fed.
august behind dropping earnings features inflation market news positive rates recently
There are a lot of features behind this market that are very favorable. Inflation news recently for August was very positive. Rates dropping have been a positive for this market and earnings still look good.
rotation unusual
It's not unusual to see a rotation back into some of these traditional stocks.
attractive carried company economy gap growth heat inflation last market months stocks strong surprise three whose year
We think Gap is a strong growth company whose valuations have become attractive in the last, really the last three months or so. I think the surprise of the year right now is that the economy is not so strong, that inflation will heat up and that these growth stocks that have carried the market for the last three years are going to reassert themselves.