Cash is no longer a four-letter word.
More Quotes from Peter Boockvar:
The market is more focused on the bigger trends we have seen of late, and that is concerns about inflation, which could make the Fed raise interest rates next week, and concerns about earnings growth for the third quarter.Peter Boockvar
This weapons thing really turns up the heat.
Peter Boockvar
It all depends on whether we go down the unilateral path or the multilateral one. If the U.S. goes to war alone, they're going to smash this market. If we get a resolution passed we're going to see a nice rally.
Peter Boockvar
The decline in oil helped (stocks), as well as the hope that maybe the Fed will be finished raising interest rates.
Peter Boockvar
It may just be some pre-Fed asset allocation or positioning. I haven't seen any news to account for this.
Peter Boockvar
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