Randy Lert Quotes



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Money | Managers | Years | Bubble | Tech |
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It's mostly because money managers haven't liked them very much for the last two years. Since the bubble [in tech stocks exploded], all the big action has been in small and mid-size, value-oriented companies.
- Randy Lert

U.S. investment managers are bullish on large-cap growth based on what they know, what they believe and what they expect. Managers know that the economy has been resilient through some challenging times, they believe that the long-awaited swing from value to growth stocks has begun and still has some ways to go, and they expect the Fed to stop raising rates before short-term rates inflict any significant damage to economic growth.
- Randy Lert
