Michael Chren Quotes

There is both good and bad news... But the big negative from our perspective is the asbestos reserve review. That will leave a cloud over the shares.

- Michael Chren

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The heightened activity level in the markets recently has created a tremendous increase in equity, fixed income and commodity-related volatility and trading. - Michael Chren

Mack has quietly embarked on a restructuring program that should improve profitability and create substantial value for shareholders over the next two years. One wild card catalyst is a potential purchase or merger of equals. - Michael Chren

I think the Fed's in a box here, and they really don't have a choice but to raise rates... Rebuilding from the hurricane will be an economic positive next year, you have concerns about inflation, and you have the housing bubble. I don't think they can stop. - Michael Chren