21 Quotes by Peter Mancuso
- Author Peter Mancuso
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We're getting back to fundamentals. I think you're in that type of environment. There's a better feeling in the economic world, and the market's just doing well. We started off shaky and just picked up by the close.
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If we have had (a recession) or are almost out of a recession, you can see this light at the end of the tunnel. The opportunity for moves on the upside are pretty high.
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I think you're looking out two quarters, maybe even three quarters before you start to see a substantive increase in earnings for some of these companies. That, to me, is in a nutshell what's going on in the markets.
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I think things went comparatively well today (Friday). The market has said and (Federal Reserve Chairman) Alan Greenspan has said that the recovery is another quarter away, that it's going to be the third quarter, not the second, which is what people had been thinking.
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I think the stimulation that (Federal Reserve Chairman) Alan Greenspan has given to the economy is starting to take hold. It's going to take us a little while, by the third quarter, maybe even into the fourth quarter, we may see things do better.
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We've got so many cross currents competing right now, and we're in this trading range. And I think we're gonna have this volatile trading range for a while.
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- Author Peter Mancuso
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We keep getting earnings reports that are horrific.
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We've had a startling reversal in technology stocks.
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The shock is gone. It's over. People are focusing on the future.
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