There are always a large number of skeptics saying it’s going to be different this time, that future growth is not going to be as strong, that earnings aren’t going to be as strong. This is a very typical reaction, and it’s what prolongs a market rally coming out of recession.
—Timothy Ghriskey, CIO, Solaris Asset Management
The market’s going to be wary of paying too high a multiple for earnings growth. The market’s in a show-me mode.
—Leo Grohowski, CIO at BNY Mellon Wealth Management, $151 billion AUM
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