Definitely third quarter earnings should be good, fourth quarter might…

Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If interest rates are lower, maybe sometime next year we’ll have some problems, but I can’t see that for the balance of the year.

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Other Jack Baker Quotes

I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two. - View Quote Details on I see the flow of funds still exceptionally favorable for…
I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that. - View Quote Details on I think Greenspan is setting the market up for something…
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I still think we’re heading higher. The long-term types like me should sit tight. I don’t really see any major problems. The only thing I don’t like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high. - View Quote Details on I still think we’re heading higher. The long-term types like…
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