Investing in Equity Markets

Stephen ratner is the chairman and ceo of willet advisers, which invest the personal and philanthropic assets of michael r. Blomberg. He says interest rates are the biggest factor in that decision. And i would say that we have been very, very cautious about equities for some months now. Our equity exposures down to the lowest levels it's been in our 12 or 13 years of existence. We're not traders. I've always said to everybody that market timing is for fools.