Sam Stovall - Basically the top ten industries were those that are economically...

Basically the top ten industries were those that are economically sensitive and are bouncing back from their deeply oversold condition last year as a result of lower interest rates. We do believe the Fed will remain aggressive with its easing interest rate policy but we feel the earnings are going to be pretty bad for the first quarter, so the market is likely to tread water for awhile.

Sam Stovall

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Sam Stovall Quotes

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Basically the top ten industries were those that are economically sensitive and are bouncing back from their deeply oversold condition last year as a result of lower interest rates. We do believe the Fed will remain aggressive with its easing interest rate policy but we feel the earnings are going to be pretty bad for the first quarter, so the market is likely to tread water for awhile. Sam Stovall

They Said So®

Keywords

basically top ten industries economically sensitive bouncing back deeply oversold condition year result lower interest rates fed remain aggressive easing rate policy feel earnings pretty bad quarter market tread water awhile

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