Skip to content
quotesby

About this quote

What does it mean?
People are beginning to believe the economy may improve in the second half, and the speaker sees no near‑term negatives that could derail the market.
In plain terms
The economy might improve later, with no immediate threats.
What can you take from it?
Consider a more positive outlook for the second half of the year.

Where it applies

  • mid‑year planning
  • portfolio rebalancing

Putting it to work

  • increase exposure to growth assets
  • review sector allocations

Questions to consider

  • What data would change this view?

Another view

Unexpected shocks could still appear.

More from Jack Baker

  1. 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…

    Permalink to quote #5
  2. In the financial sector, which is one of our biggest areas, in the regional banks, the large money center regional banks, Wells Fargo is still our top pick, ..…

    Permalink to quote #7
  3. Until earnings and forecasts start turning around, we are going to stay stuck in this tight trading range. There is no incentive for buyers to get back in the …

    Permalink to quote #4

Related quotes

  1. Other powers will continue to enjoy an equal right to trade in and develop the natural resources of the occupied territory, for the economic development of whi…

    Koki HirotaKoki Hirota quote #5
  2. The prudent capitalist will never adventure his capital . . . if there exists a state of uncertainty as to whether the Government will repeal tomorrow what it …

    William Henry HarrisonWilliam Henry Harrison quote #8
  3. 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…

    Jack BakerJack Baker quote #9