Robert Robbins Quotes
I think investors should strongly invested... They should realize that doom and gloom and all of this talk of recession is typical of major market lows. I think they should realize that the average decline within these long-term 'super bull' markets is 19 percent. And we've been down 27-to-28 percent. It's a great time to buy.
Tweet
Investors | Strongly | Invested | Realize | Doom |
comments powered by Disqus
Yes, I think it's going to be a fantastic buy. I think we're going to pack the whole year's Super Bowl rate-of-gain, which tend to average 16 percent during the last 18 years, compound annual growth of the S&P 500, 16 percent a year. We've had zero so far and the outlook is improving very, very significantly for the worst worry that people have had. And that is the Fed rate-hiking. It really looks like the probability is increasing dramatically that the Fed rate hikes are over and inflation pressure is in check. And as that continues to happen through year-end, we can get a fantastic rally, 15 to 20 percent on the S&P 500 in three months.
- Robert Robbins
I think bonds are appropriate for anybody that is close to retirement or is already retired and feels like they need that security and that defensiveness... appropriate diversification for a lot of people. But for people who are young and who can put money away for a long time, they really ought to be overwhelmingly in stocks.
- Robert Robbins
