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Phil Lempert

πŸ‘€ Speaker
23 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
Why did BoA tell investors to "take profits"?

There have been people who've been trying to call the top on this for 10 years now.

Marketplace
Why did BoA tell investors to "take profits"?

Everything starts in the ground.

Marketplace
Why did BoA tell investors to "take profits"?

Even a hostess Twinkie, you know, starts in the ground.

Marketplace
Why did BoA tell investors to "take profits"?

If you look at what's gone on with coffee in Brazil because of climate change, if you look at what's gone on with bananas...

Marketplace
Why did BoA tell investors to "take profits"?

Just about all their crops globally really have to be reimagined.

Marketplace
Why did BoA tell investors to "take profits"?

The expectation was for oversupply.

Marketplace
Why did BoA tell investors to "take profits"?

So there was an anticipation of the crude oil price languishing in the $55 to $60 a barrel range.

Marketplace
Why did BoA tell investors to "take profits"?

And it's not just crude oil prices that have increased.

Marketplace
Why did BoA tell investors to "take profits"?

They're a long ways from the conflict.

Marketplace
Why did BoA tell investors to "take profits"?

And then the refiners that are located in North America are also benefiting from

Marketplace
Why did BoA tell investors to "take profits"?

And looking ahead, it's not just that oil and gas companies are doing well now.

Marketplace
Why did BoA tell investors to "take profits"?

You know, we do foresee elevated prices over the next two years, without a doubt.

Marketplace
Why did BoA tell investors to "take profits"?

I think that's pretty much baked into most forecasts at this point.

Marketplace
Why did BoA tell investors to "take profits"?

So more cash than expected for these companies next year, too.

Marketplace
Why did BoA tell investors to "take profits"?

We needed a bigger space.

Marketplace
Why did BoA tell investors to "take profits"?

We were getting a lot of influx of potential clients for manufacturing here in the States.

Marketplace
Why did BoA tell investors to "take profits"?

That would allow us to manufacture the frames here in the States.

Marketplace
Why did BoA tell investors to "take profits"?

bring components in from outside, assemble the bikes within the FTZ, and then when it leaves the FTZ, have that then be released into the, at least North American market, tariff-free.

Marketplace
Why did BoA tell investors to "take profits"?

You know, for those of us trying to make stuff here, having a slight advantage in being able to do that would be great.

Marketplace
Why did BoA tell investors to "take profits"?

At least put us on an even playing field.

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