John Shaughnessy Quotes
I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place. 
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Frankly | Raise | Rates | Basis | Points |
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Chevron is a very cheap stock. You have a 3 percent yield, it has the potential to grow 10 percent a year, in terms of earnings. It sells at a discount to the market.
- John Shaughnessy
