365 Quotes by Peter Cardillo
- Author Peter Cardillo
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The market now is trying to stabilize after having discounted higher inflation and interest rates and what most likely will be murky fourth-quarter outlooks.
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I think they're going to take a wait and see attitude.
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Accelerating GDP growth certainly bodes well for future economic activity. And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
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Of course the market is expecting 25 basis points.
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The market is very strong and it's a light week as far as economic data is concerned. The only thing that could derail this would probably be an attack on Iraq, and I think even that would be short-lived.
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M&A propelled the market earlier, ... But an upward move in oil above $66 took the wind out of the market in the absence of economic news.
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The market is very much gripped by earnings' warnings. That's why the market seems to be lacking a clear direction on the upside.
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Accelerating GDP growth certainly bodes well for future economic activity, ... And though the report showed the impact of defense spending, it also showed that corporations are starting to spend more, too.
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- Author Peter Cardillo
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No one expects the Fed to raise rates, but people are interested to see what they say about the economy, particularly about employment.
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