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Letter "P" » Peter Cardillo Quotes
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«We have a lot to get through next week, but I think the advance can continue. There seems to be a lot of enthusiasm returning to the market.»
Author: Peter Cardillo
«It's Fed watch day, so we're experiencing a bit of anxiety before the announcement. Of course, any indication that the Fed will end its tightening cycle could propel the stocks higher this afternoon. Hopefully we'll see an indication of some type of pause.»
Author: Peter Cardillo
«The fact that the market is continuing to stay at the upper end of the trading range, even with oil prices continuing to hover around their highs, is positive, it indicates investor confidence.»
Author: Peter Cardillo
«I think the market here is in a very nervous state. You have geopolitical problems surrounding the Iranian situation heating up, and you have concerns about productivity, and that's keeping investors very cautious.»
Author: Peter Cardillo
«I think we're likely to remain in a broader trading range for the time being.»
Author: Peter Cardillo
«Traditionally, [the inversion] would indicate that we are headed for trouble. I have not come to the conclusion we are headed for a recession, but I am a little worried.»
Author: Peter Cardillo
«The retail sales are a real blow-out number. They show that economic activity is healthy but they will also ignite fears that the Fed will continue raising interest rates as it takes these numbers as a sign that the economy is still growing strongly.»
Author: Peter Cardillo
«Sales ex-autos was almost equal to the top-line number, so consumers really are out there spending.»
Author: Peter Cardillo
«The retail sales are a real blow-out number.»
Author: Peter Cardillo
«This couldn't have come out at a worse time, because we have the new Fed chairman testifying tomorrow. It will raise anxiety over the Fed's interest rate outlook.»
Author: Peter Cardillo
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