Quotations
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Herbert Lau Quotes
«Some investors are staying at the sidelines as uncertainties linger over whether the Fed would surprise the market by a larger-than-expected cut in interest rates.»
Author: Herbert Lau
«People are switching to utilities because there is a lot of uncertainty in the market about how deep the rate cut will be.»
Author: Herbert Lau
«The market fell 5 percent last week so it should stabilize a bit, but tech stocks are still weak.»
Author: Herbert Lau
«We're seeing some profit-taking of blue chips after Friday's gains but generally the market is very quiet ahead of the release of more U.S. economic data tonight and an expected interest rate hike tomorrow.»
Author: Herbert Lau
«We're seeing across the board buying after tame employment data out of the U.S., which is reducing pressure for interest rate hikes, and a good response to residential property sales over the weekend.»
Author: Herbert Lau
«Shares are not doing too well across the board this morning,»
Author: Herbert Lau
«The market's doing pretty well. We've had some good figures out of the U.S. and futures were very strong at yesterday's close.»
Author: Herbert Lau
«I expect the index to move sideways today as there's a bit of profit taking.»
Author: Herbert Lau
«The market is basically quite quiet. There's some profit-taking after yesterday's surge but overall market sentiment has stabilized somewhat because recent U.S. data has been quite positive and that has allayed fears about an interest rate rise this month.»
Author: Herbert Lau
«The market would have expected a placement at a bigger discount.»
Author: Herbert Lau