RUSH TRANSCRIPT Kristen ken ░░░░░░░░ so much let s ░░░░░░░░ back to the major ░░░░░░░░ Strong day broad based ░░░░░░░░ that we saw on ░░░░░░░░ Street joining me now ░░░░░░░░ Peter Anderson and chief ░░░░░░░░ officer and you re ░░░░░░░░ little and management Peter ░░░░░░░░ for coming on what ░░░░░░░░ working for investors today ░░░░░░░░ the stock market Well ░░░░░░░░ know we are seeing ░░░░░░░░ list ha go to ░░░░░░░░ between the optimistic and ░░░░░░░░ pessimistic and sometimes we ░░░░░░░░ it play out very ░░░░░░░░ other days it s ░░░░░░░░ little bit almost done ░░░░░░░░ tie But today we ░░░░░░░░ seen that the optimists ░░░░░░░░ some unknown reasons frankly ░░░░░░░░ started this week off ░░░░░░░░ strongly that s not ░░░░░░░░ say the week we ░░░░░░░░ continue this way and ░░░░░░░░ think it s a ░░░░░░░░ of just the great ░░░░░░░░ where are we in ░░░░░░░░ cycle Many people are ░░░░░░░░ balance between optimisim past ░░░░░░░░ and I think tiny ░░░░░░░░ pieces of news can ░░░░░░░░ those people over either ░░░░░░░░ the optimus side for ░░░░░░░░ aside I think that ░░░░░░░░ what we re seeing ░░░░░░░░ the past several months ░░░░░░░░ Yes certainly we did ░░░░░░░░ some optimistic comments from ░░░░░░░░ p Morgan chase CEO ░░░░░░░░ diamond earlier today in ░░░░░░░░ consumers in a good ░░░░░░░░ Morgan stock one of ░░░░░░░░ best performers on the ░░░░░░░░ shannan and then these ░░░░░░░░ from the Atlanta fed ░░░░░░░░ we could actually see ░░░░░░░░ positive rate hikes in ░░░░░░░░ after 2 half of ░░░░░░░░ percentage point rate rise ░░░░░░░░ that we do expect ░░░░░░░░ June And of course ░░░░░░░░ July one of the ░░░░░░░░ data points on your ░░░░░░░░ the rest of this ░░░░░░░░ Peter because we know ░░░░░░░░ market can turn on ░░░░░░░░ dime Yeah absolutely can ░░░░░░░░ has been taking many ░░░░░░░░ turns rather than opt ░░░░░░░░ hasn t it But ░░░░░░░░ know you the regional ░░░░░░░░ officials and I do ░░░░░░░░ that they have tremendous ░░░░░░░░ right now and they ░░░░░░░░ so independent minded that ░░░░░░░░ see across the country ░░░░░░░░ edwin that the official ░░░░░░░░ they never speak in ░░░░░░░░ they always speak very ░░░░░░░░ and that can cause ░░░░░░░░ lot of volatility in ░░░░░░░░ market you could have ░░░░░░░░ fed officials say I ░░░░░░░░ the Fed will be ░░░░░░░░ You know 2 more ░░░░░░░░ don then tomorrow we ░░░░░░░░ have another regional fed ░░░░░░░░ out and say oh ░░░░░░░░ not in fact I ░░░░░░░░ a 50 or 75 ░░░░░░░░ point hike so when ░░░░░░░░ have all the who ░░░░░░░░ voice is opining with ░░░░░░░░ stress on them to ░░░░░░░░ a unified voice I ░░░░░░░░ that s what you ░░░░░░░░ so I watched those ░░░░░░░░ press releases and the ░░░░░░░░ comments to see how ░░░░░░░░ might you influence the ░░░░░░░░ in general But what ░░░░░░░░ actually look at is ░░░░░░░░ companies come out with ░░░░░░░░ we need to take ░░░░░░░░ look at maybe just ░░░░░░░░ top growth if you ░░░░░░░░ to look at one ░░░░░░░░ only right now in ░░░░░░░░ cycle as opposed to ░░░░░░░░ bottom line earnings I ░░░░░░░░ the revenue growth is ░░░░░░░░ key indicator because less ░░░░░░░░ by a lot of ░░░░░░░░ on the income statement ░░░░░░░░ if you have fantastic ░░░░░░░░ growth I think that ░░░░░░░░ carry you through these ░░░░░░░░ periods where people or ░░░░░░░░ you know the end ░░░░░░░░ the rally is over ░░░░░░░░ growth is dead and ░░░░░░░░ is king I just ░░░░░░░░ t agree with those ░░░░░░░░ of comments Interesting I ░░░░░░░░ you see opportunities at ░░░░░░░░ and this market right ░░░░░░░░ your investment off thus ░░░░░░░░ of course we ve ░░░░░░░░ the NASDAQ dropped more ░░░░░░░░ 30 from its high ░░░░░░░░ November the s and ░░░░░░░░ 500 falling into that ░░░░░░░░ market territory on Friday ░░░░░░░░ their bargains out there ░░░░░░░░ you Well I m ░░░░░░░░ sure that I would ░░░░░░░░ them bargains but I ░░░░░░░░ call them attractive candidates ░░░░░░░░ consider buying and you ░░░░░░░░ it has to be ░░░░░░░░ individual recommendations because if ░░░░░░░░ need cash in the ░░░░░░░░ year I would say ░░░░░░░░ away from the stock ░░░░░░░░ right now but for ░░░░░░░░ investors that have longer ░░░░░░░░ you can time the ░░░░░░░░ and you might be ░░░░░░░░ on the way down ░░░░░░░░ but I would guarantee ░░░░░░░░ almost at a year ░░░░░░░░ months from now you ░░░░░░░░ look back and we ░░░░░░░░ be saying we should ░░░░░░░░ bought more stocks for ░░░░░░░░ of us that are ░░░░░░░░ A longer time horizon ░░░░░░░░ do think that stocks ░░░░░░░░ been oversold right now ░░░░░░░░ think growth stocks classic ░░░░░░░░ stocks really aren t ░░░░░░░░ any respect and I ░░░░░░░░ disagree with the idea ░░░░░░░░ if interest rates are ░░░░░░░░ We should get away ░░░░░░░░ growth stocks growth stocks ░░░░░░░░ their very definition have ░░░░░░░░ growth of you know ░░░░░░░░ from 20 to 40 ░░░░░░░░ 50 year over year ░░░░░░░░ we are seeing many ░░░░░░░░ those companies with that ░░░░░░░░ of growth but they ░░░░░░░░ all being thrown out ░░░░░░░░ the bath water All ░░░░░░░░ Peter Anderson we ve ░░░░░░░░ to leave it there ░░░░░░░░ thank you for your ░░░░░░░░ here is the chief ░░░░░░░░ officer Anderson capital management ░░░░░░░░ well coming up we ░░░░░░░░ going