24 Quotes by Peter Canelo
- Author Peter Canelo
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In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.
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- Author Peter Canelo
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International investors get scared and pull their money out of these stocks. They don't know what impeachment is, they don't care about the fine points. But they're scared.
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- Author Peter Canelo
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For the first time in this cycle I'm getting a little nervous.
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- Author Peter Canelo
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This is mostly negative for bonds, which have done well because we haven't seen any signs of inflation despite the strong U.S. economy. Suddenly, that's gone.
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The market will be looking for a flat unemployment number and a small tick up in jobs, and if the market doesn't get that, it's gonna feel it.
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The market isn't cheap. But I think strong participation from foreign investors is helping and the (planned) cut in the (U.S.) capital-gains-tax rate makes the market cheaper.
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