Michael Carty Quotes
The market has had war jitters and that, to a large extent, is responsible for a lot of the retreat over the last few weeks, but the decline comes with the backdrop of other things. You have worries about North Korea, Venezuela, the elections in Israel, you have companies saying that they won't provide guidance, like McDonald's and Coca-Cola. There are tremendous amounts of cash out there, but nobody wants to get in.
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Market | Jitters | Large | Extent | Responsible |
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We're in this confessional period where there's nothing but bad news coming into the market place now and investors have become really cynical.
- Michael Carty
