Jun 7, 2010

Oppenheimer's Brian Belski on the fundamentals never having been better (to some degree)

There's a lot of headline risk right now because of what's going on in the Gulf and what's going on in Europe, people just don't feel very good about buying equities. One of the things that [Commerce] Secretary Locke talked about earlier was the fundamentals of our economy in corporate America almost, to some degree, have never been better.

Yes, the trajectory of employment is heading in the right direction, but we need to see more job gains.

~ Brian Belski, analyst, Oppenheimer & Co., "Market Breakdown", CNBC, June 7th, 2010

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