Chris Wolfe Quotes
I think the profits bottom is way later in the year. 
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Profits | Bottom | Year |
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Chairman Greenspan has really been a beacon of stability. I think our sense is we'll see a bias shift rather than a rate cut.
- Chris Wolfe
The real short-term outlook for us is pretty positive given that we don't see a Fed rate hike in August and that due to political noise, if you will, we are not going to see a rate hike in October. But on the earnings front it is a different issue. Looking into 2000, our longer-term forecast, we've had two great years of earnings growth. We think it is going to be pretty difficult to show up with another year of 30-to-40 percent earnings growth. So, consequently, our message has been a lot more selective about the securities that we want investors to focus on.
- Chris Wolfe