Tobias Levkovich Quotes
The Fed has worked too hard to reinvigorate the economy after a series of shocks, in our opinion, to drive everything back down. 
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Worked | Hard | Reinvigorate | Economy | Series |
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If powerful upward earnings estimate revisions have not been able to drive equity prices higher, we suspect that downward momentum in such estimate revisions may cause further stock market weakness to emerge in the next few months.
- Tobias Levkovich
Earnings do look as if they are about to start turning. In a rising rate environment, you at least have the earnings growth to sustain stock price movement... Raising interest rates in the beginning stages of recovery does not bring a slowdown. Raising rates in the latter stages of recovery is a different story.
- Tobias Levkovich