“It's amazing to me the headline news we've had this year in a negative way and the market has been able to maintain at least an even keel. That speaks to the real strength of our economy and the real strength of corporate earnings growth.”
“The rally is justified. The economy continues to be strong enough to keep corporate earnings growth strong, but not too strong that we'll have any sort of intense inflation worries.”
“It would be a way to focus on the research-and-development part of the drug business, and let someone else focus on the consumer-products side of the business.”
“Now that the market has had a first quarter that will make pretty big headlines, that will cause a lot of investors to exit cash positions and exit some bond positions and move that money into stocks. Investors don't want to be left out.”
