“The futures have always opened negatively, but the market in New York has largely ended positively, and Europe is probably still lagging the U.S. to some extent.”
“The Dax is an index of 30 stocks and in periods of high volatility smaller indices become much harder to diversify. Also the Dax is heavily biased towards sectors like technology and insurance and those are the sectors that have been most heavily hit over the last nine months.”
“This is the confessional season and the markets will be a lot more nervous, ... Technology stocks will come under pressure and it is a perfect excuse for big investors to sell down.”
“To be absolutely ruthless, what's going on in the Middle East is terrible but it's not going to effect the earnings of many European and U.S. companies,”
“I totally acknowledge that I've had a lot of misdemeanors, ... It's not something I'm particularly proud of. Twenty-two years ago I got into trouble. But I've turned my life around. I live a good, straight life, and I help a lot of people.”
“In the last couple of weeks, two of the stronger sectors in terms of flows have been energy and materials, and so the whole commodity story is one that's been on investors' minds.”
