Robert Bloom Quotes

We're still in a negative trend. Long-term interest rates are too high, earnings estimates are still too high. We've had seven out of eight down weeks, so we saw a little bounce in the beginning of this week. But the downward pressure hasn't eased.

- Robert Bloom

Tags

Negative | Trend | Long | Term | Interest |

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We're sort of in uncharted territories because of the bubble that we had last year in Nasdaq... And the bursting of that often takes a long time to work through. - Robert Bloom

We would look at consumer non-durables, where there is consistency of earnings, visibility of earnings, names like PepsiCo, Colgate-Palmolive and Safeway, are consumer non-durable names we've been adding to here in this decline. - Robert Bloom