Jack Baker Continue Quotations

I think there is an underlying wave of enthusiasm in the market. The thing that people continue to point to is inflation, but I still do not see it. I don't see a lot of short-term negatives.

Without earnings, price-to-earnings ratios will not keep up and stocks will continue to get sold,

I honestly don't see anything in the market's way. Earnings continue to be excellent. Inflation is obviously at bay from Mr. Greenspan's conference yesterday.

I honestly don't see anything in the market's way, ... Earnings continue to be excellent. Inflation is obviously at bay from Mr. Greenspan's conference yesterday.

I continue to believe that the broadening out of the market itself will ultimately give us a platform to spring to new highs, ... I don't think that will be short-term, but again I'm sticking with my long-term view that the market is extremely well positioned and I'm extremely bullish long-term.