With inflation really under control and deflation at producer price levels, I don't think they'll do anything.
More Quotes from Peter Canelo:
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.Peter Canelo
I think the index has failed to keep up with the times. There are too many companies missing.
Peter Canelo
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.
Peter Canelo
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.
Peter Canelo
The market is very relieved that a Democratic Congress won't be putting pressure on tobacco, and that it won't be trying to cut the budget at the expense of aerospace defense. It's happy that health care prices won't be contained by a Democratic Congress.
Peter Canelo
Readers Who Like This Quotation Also Like:
Protect your health. Without it you face a serious handicap for success and happiness.Harry F. Banks
The standards to get in are very high. We don't want to lower those standards.
Hugh Shelton
We cannot expect that all nations will adopt like systems, for conformity is the jailer of freedom and the enemy of growth.
John F. Kennedy