Michael Panzner Quotes
You normally don't find new leadership until you get washouts and corrections.
- Michael Panzner
This suggests one of two things: either investors are unduly optimistic about the sector, or more ominously, perhaps, the homebuilders are seeing strong demand from non-traditional buyers... In other words, real estate speculators have moved into the market, replacing owner-occupiers as the primary end-buyers.
- Michael Panzner
Sure, lower rates might offer another brief respite in an environment that has seen increasing dollops of profit-warnings and negative economic news recently, but when that is all said and done, a poor operating environment is unlikely to be a boon for corporate profits -- or U.S. shares prices -- in the months ahead... The New Laws of the Stock Market Jungle.
- Michael Panzner
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