Stanley Nabi Year Quotations

I would estimate that in the first half of this year as much as 40 percent of the increase in the total profits of companies came from the weakness in the dollar.

We're going through a correction. Profit margins peaked last year and we don't see how they can be improved all that much.

The recovery is going to be plodding from here. I think the market will close the year higher than where it is now, but it's not going to an explosion on the way up.

All of these things are going to converge, forcing strategists to raise estimates for this year and next year. That will make valuations look more reasonable.