Michael Carty Quotes

I'm not so worried about a drop in non-farm payrolls. Employment is a lagging indicator. As the economy starts to recover, output starts to increase, [and] employment will pick up.

- Michael Carty

Tags

Worried | Drop | Farm | Payrolls | Employment |

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The market has had war jitters and that, to a large extent, is responsible for a lot of the retreat over the last few weeks, but the decline comes with the backdrop of other things. You have worries about North Korea, Venezuela, the elections in Israel, you have companies saying that they won't provide guidance, like McDonald's and Coca-Cola. There are tremendous amounts of cash out there, but nobody wants to get in. - Michael Carty

Because inflation is modest, and worries about that are starting to diminish, I think the focus will turn to earnings, and the earnings are going to be very strong. - Michael Carty

There are some negatives out there, but manufacturing and factory orders seem to be coming back and there will be a lot of rebuilding down in the Southeast. I think we've basically been too negative. - Michael Carty