"We've come a long way in a relatively short period of time and I think you're starting to see some businesses do the math on AI and ask whether it's really worth the cost, which will weigh on the big tech stocks," said Mark Travis, a portfolio manager at Intrepid Capital Management.
Long-term borrowing rates are still near historic lows, but their jump over the past month has grabbed investors attention, said Mark Travis, president and CEO of Intrepid Capital Management. "I think people are starting to pause," he said. "If rates continue to drift up, its probably going to be
Mark Travis, president of Intrepid Capital Funds in Jacksonville Beach, Fla., said he was worried that the longer markets remained closed, the greater the backlog of pending trades that would need to be cleared when normal trading resumed.
Date: Oct 30, 2012
Category: Business
Source: Google
US Stocks Drop as Jobs Report Wipes Out S&P 500's Weekly Gain
Weve had inadequate policy responses to the problem of too much debt, and that makes people concerned, Mark Travis, chief executive officer of Jacksonville Beach, Florida-based Intrepid Capital Management Inc., said in a telephone interview. Investors and advisers are doing more now on the short