446 ordspråk av Peter Cardillo
Peter Cardillo
What we're seeing is typical of a market that is trying to make a bottom, but we're not necessarily there yet.
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What you need to do is brace yourself. We've gone through bad moments before. This is not the first time and it won't be the last.
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What's shaking the market is oil and the aftermath of the hurricane, ... Every time the price of oil moves into new, higher territory that creates worries about the strength of the economy going forward.
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When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.
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With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.
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With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation. The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.
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would be slightly down to flat.
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Yesterday (Monday), the market came down in a big way on terrorism worries, but today (Tuesday), we'll probably see a sluggish market most of the day. There's no big global news to give us a lift.
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You just don't get out when there's a lot of volatility,
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You see some individual companies reporting disasters while others are beating street expectations. So that's positive. That shows that the rut in that particular group is probably coming to an end.
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You would think on a day when the bond market is very weak and the dollar is collapsing that technology would be weak. But, the weaker dollar is being interpreted as positive for the sale of technology abroad.
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