Barry Hyman
Barry Hyman
against case company compared extremely lost reported sector since stock trading weak
(Microsoft) has been trading like the company (had already) lost the antitrust case against the government. The stock has been extremely weak compared to its sector and especially since the company has already reported earnings.
against catalyst environment express related ruling though tough travel visa
Even though it's a tough environment for travel related stocks, the catalyst for American Express is going to be the ruling against Visa and MasterCard. It's a very significant positive.
believe beyond deal due earnings fed gains hikes interest market rate
A lot of the gains are due to the earnings story. I think the market can deal with one or two more interest rate hikes and believe that the Fed is not going beyond neutral.
due earnings gains
A lot of the gains are due to the earnings story.
bought branches fleet gains next percent stock
They bought a lot of branches from Fleet, when they merged with Fleet Boston, ... I think you can look for 30 percent gains in that stock for the next two year.
changed consumer cuts dropping economy economy-and-economics effect equity forward gains giving hamper interest markets mean psychology rate time
I don't think the economy can really withstand the equity markets dropping down and giving back all of its gains ? that would really hamper consumer confidence. The one thing that has changed is psychology ? it's time to look forward to what the effect interest rate cuts mean for the economy.
against certainly looking means until warning
I am not looking at long-term because it is working against investments. There's certainly going to be an implied warning (by the Fed) which means that we're 'on hold' until August.
ability consumers created effect gains goods increase luxury market past provided regular spending three wealth
The market has created this wealth effect because there have been a lot of gains over the past two or three years, ... That has provided the ability for consumers to increase spending on regular goods and luxury goods.