If you go where the grouper are, they're like cockroaches -- you can't get them off your hook. What you have is a bunch of people in suits and ties, sitting in their offices, who don't have a clue what's going on.
More Quotes from Ed Peters:
What if in 20 years we say, 'small schools What was that all about' We're trying to build for a variety of uses because we know it's going to change.Ed Peters
There's a strong sensitivity now to interest rate increases, and high-priced stocks such as tech stocks are generally more sensitive to that.
Ed Peters
If the Fed doesn't raise rates, it's strictly for morale. Given the recent market swings, they're going to go ahead with the increase. There will probably be two more hikes.
Ed Peters
I think everybody is waiting for the employment data. If unemployment is still dropping when we've just had a report showing productivity is declining, then the Fed would be really concerned about wage inflation. That would mean we would be more likely to see more than one or two rate hikes.
Ed Peters
The market's being pulled around by optimism because earnings have been quite good and the economy remains strong, but also the underlying current that that's not necessarily good news for the long term. It just means that the Fed has more reason to raise rates.
Ed Peters
There is a push and pull between the people who want to be optimistic about the economy and those who are less so.
Ed Peters
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Based on Topics: People QuotesBased on Keywords: cockroaches, grouper
If you have a kid who goes to kindergarten and doesn't know what a circle is, doesn't know what red and green are, and doesn't know what right and left are, by the time he learns those things, the rest of the class is far ahead of him.
C. Everett Koop
Wisdom is keeping a sense of fallibility of all our views and opinions.
Gerald Brenan
You got to look on the bright side, even if there ain't one.
Dashiell Hammett