31 Quotes by Peter Boockvar
- Author Peter Boockvar
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Some company earnings have been good, but we had large retailers in the past couple of days warning about a slowdown in sales. That is enough to get the market a bit concerned with a possible slowdown, ... Add higher interest rates to that mix and what you have is the housing sector and financial stocks suffering.
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Noone questions why we were so crazy the first week of January, we're giving back some of the fluff rally.
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He gave no sign that the Fed is almost done.
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Markets are back to where they were a couple of weeks ago.
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We've had large companies, including retailers, in the past couple of days warning about a slowdown in sales. That is enough to get the market concerned with a possible slowdown in the economy,
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The problem with GM is that once it goes down, it drags many other companies with it.
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We are concluding a mini-bull market - and we are on the cusp of a mini-bear market.
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This national manufacturing number will be a key to the market. The economic data that we are going to be seeing now will be a good indicator of what we could be setting ourselves up for the rest of the year.
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The decline in oil helped (stocks), as well as the hope that maybe the Fed will be finished raising interest rates.
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