Salient to Investors:
James Gaul at Boston Advisors said the short-term focus will be on whether earnings will be strong enough to push us higher.
Michael Mullaney at Fiduciary Trust said many companies are lowering expectations on the hope that they beat them, does not know how much longer companies can get blood from the stone.
Stephane Ekolo at Market Securities said Chinese GDP data reassured investors that China will not derail the global growth recovery.
Chetan Sharma said smaller regional wireless companies may become takeover bait.
Alan Salzbank at Gargoyle Asset Mgmt said the government stands as a backstop to the marketplace, so there is no real fear about the downside, and while the VIX is being bottled up by the Fed continuing with QE, it will explode when the government can’t control things any longer.
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