Richard Bernstein Quotes

"What we're seeing today is a relief rally from last week. There is really nothing to hurt the market today. All the techs are rebounding well."

"The more generators sold, the more consumer confidence has been hurt, as this would tend to indicate that people do not trust the infrastructure currently in place. If, however, consumers shrug off the ... situation and relatively few generators are sold, then this would be perceived as a positive."

"Historically, S&P 500 earnings growth, on average, has been negative when the dollar has appreciated 10 percent or more in a 12-month period."

"People say these companies are closely held and that the executives are trying to diversify, but why now?"

"Usually the Fed keeps raising rates until something goes wrong in the economy or the market. Even Alan Greenspan has never gotten it right."

"I think many investors have failed to make the link between global growth and the U.S. housing market. The U.S. consumer remains 20 percent of the global economy, and a slowdown in housing and, in turn, U.S. consumption could hurt emerging market exports."

"History suggests that the most powerful factor influencing the profit cycle is pricing power."

"We have a tug-of-war going on between earnings, which are reasonably good, versus the Fed, where people are trying to figure out are they still going to tighten or not."

"Lower quality companies are dramatically overstating their growth rates by using pro forma earnings."

"What we're seeing today is a relief rally from last week, ... There is really nothing to hurt the market today. All the techs are rebounding well."

"We continue to believe that there is considerably more downside risk than upside risk to the equity market,"

"I don't think people realize the market has been flat for the past seven years ? people don't realize that because there have been big ups and downs. But without market volatility, the market hasn't done much."