Philippe Gijsels Quotations

Lower prices are hurting utilities and energy companies. Electricity prices are an enormous risk for utilities so we shouldn't be surprised by the response.

Media is becoming much more important now that people have broadband at home and mobile telephones that can receive content. Media stocks are going to ride a wave of growth that is only beginning.

Media companies are coming from very far behind.

Markets have high hopes that the Fed will indicate that the tightening is almost over. This week's focus will be more than ever on economic figures.

The problem technically and psychologically is that we went ahead of ourselves. People have been chasing hot groups and hot stocks.

Whether it happens today or on another occasion, the timing is uncertain but the fact that rates have to go up is clear. These things are priced in so I don't see much impact.

Uncertainty about interest rates will make meaningful progress difficult to achieve. This week will be big in terms of economic data and this can cause volatility in the market.

They have to prove in their results that they can overcome the problems of oil and steel prices. The sentiment has been too optimistic. I don't see much potential.

Higher interest rates are holding back the markets.

Higher energy prices and uncertainty about interest rates as economic growth continues are making it difficult for equity markets.

The European markets will play catch-down this morning. Sentiment finally broke down after disappointing earnings releases and a further increase in the price of oil.