This Correction Is 'Normal'....
“While everyone’s worried about what’s going on in Greece and Spain, things are improving significantly for U.S. consumers...American corporations are the most flush with cash they’ve been for 25 to 30 years and profit margins are excellent.”
-- Bill Smead, chief executive and chief investment officer of Smead Capital Management
...and We're 'Still Bullish'
“Anytime you go up 70 percent, you’re going to have these kinds of selloffs...There’s been little U.S. investment that’s gone on in the last 18 months and so the U.S. looks pretty good compared to the rest of the world.”
-- Craig Hodges, co-portfolio manager at The Hodges Fund
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