Michelle Clayman Quotes
This is going to be a positive year for the market, but the growth is going to be slow. The quick resolution to the Iraq war has been a positive and I think people took a lot of encouragement from that, which is why you've seen the run we've had, but the economic news has been mostly mixed.
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Positive | Year | Market | Growth | Slow |
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I think there are a number of things going on. One is [Procter & Gamble] has done a great deal of restructuring. They're coming back to their core businesses, brands like Tide and Crest... They've got rid of a lot of the smaller brands. They've also consolidated some operations. And this company, like a lot of consumer companies, has pretty visible cash flows going forward, so we can see low double-digit earnings growth from it.
- Michelle Clayman
