“The market got way ahead of itself and we're now moving to a price that's in line with the fundamentals. The only question is how much farther we have to go.”
“The market is moving off very high prices that are not fully justified by economic fundamentals.”
“It's important for the foreign exchange market to reflect economic fundamentals and move steadily.”
“Stock prices on a fundamental basis perhaps are trading a little bit high but what is really behind this market right now is cash flow and momentum.”
“The stock market is recovering and is moving again toward record highs. Companies' fundamentals justify it.”
“This code is a fundamental move for the Italian market because there is an impression abroad that Italian companies are less serious about corporate governance than in other countries.”
“Prices at these levels can't be justified based on fundamentals only. While we haven't seen the top of the market yet, the risk of prices collapsing is very high.”
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