Michael Block

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Last quote by Michael Block

I don't think they're just left for dead here. I don't think they're going away. There's some value there. Let's go find it.feedback
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May 16 2017 Rhino Poaching
Michael Block has been quoted 14 times. The two most recent articles where Michael Block has been quoted are Dow opens lower after President Trump fires FBI Director James Comey and This stat shows that 2017 has been an incredibly easy year for investors to make money. Most recently, Michael Block was quoted as having said, “Comey's firing is igniting a storm that will be yet another distraction to the public policy driven thesis for economic growth and higher stocks. With that, we are putting our long trade on financials on watch. It worries us that the sector can't hold a rally. The rally in the sector (and for Value vs. Growth) should play out as this situation gets swept away in favor of more talk on tax cuts and stimulus, but any delays will move us to the sidelines and has us choosing spots more carefully.”.
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Michael Block quotes

The question is, are jobs and subsequently housing, hitting a wall? I would say we're close. The rate of change in jobs growth is slowing, and that could ding anything.feedback

Monetary policy creates a backdrop for higher asset prices, but it doesn't solve the structural challenges in the jobs market.feedback

We've yet to have the blow-off top accompanied by huge volume that I've been looking for here. So even if I'm negative on this market short term, I have to throw up my hands and say that this situation could persist for quite some time.feedback

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