It doesn't surprise me. We all know the House is going to vote to impeach the President. The fact is that economic times here in the United States are still quite good.
More Quotes from Peter Cardillo:
Yesterday (Monday), the market came down in a big way on terrorism worries, but today (Tuesday), we'll probably see a sluggish market most of the day. There's no big global news to give us a lift.Peter Cardillo
Volume is likely to remain light the rest of this week, and I would expect the market to remain volatile Thursday, ... But there's good news out there, and over the next few weeks, I think we'll remain in this trading range but edge up toward the higher end of it.
Peter Cardillo
What we're seeing is the opposite of two years ago, when every Tom, Dick and Harry was in the market. Now, everybody is shying away from that.
Peter Cardillo
If there are any indications that this could be the last cut, the market might be disappointed -- but the good news would be that the Fed is confident we are in an economic rebound. In essence, the market could work its way higher because better economic times ahead would include better earnings performance.
Peter Cardillo
Obviously, the market was disappointed in Apple and AMD and you also have to realize that Mr. Greenspan has been reiterating his stance on inflation and the need to stay ahead of the inflation curve,
Peter Cardillo
Last week, we encountered an ugly week for stocks as the market discounted higher interest rates,
Peter Cardillo
Readers Who Like This Quotation Also Like:
Based on Topics: Facts QuotesBased on Keywords: impeach
I used to play a lot of racket sports, tennis and squash.
Jason Statham
I am a fan of wuxia.
Zhang Yimou
All human wisdom is summed up in two words; wait and hope.
Alexandre Dumas