John Carey People Quotations

I never hoped that the market will go down. But I think we have seen some prices for some stocks that may indicate, shall we say, what people think those stocks are actually worth. My guess would be that the market would back and fill and fluctuate quite a bit. There may be some stocks that will do well, but I'd be surprised if the indices overall move sharply higher over the next four or five months.

I think the focus will shift toward corporate profits. Whether they (the Fed) raise rates a quarter point or not, I think it's not going to be the main focus of investors' attention. People are going to be watching the earnings pretty closely .