People realize we have an employment number, and if it shows accelerating wage pressure, that would rekindle the fear that the Fed may have to raise (interest rates by half a percentage point),
More Quotes from Peter Cardillo:
Earnings news has been discounted and investors are looking for a reason to take money off the table. Today, they found that reason in Microsoft's sales projections.Peter Cardillo
It's a cautious day at the end of an up quarter, ... I think we'll continue to see caution next week as we await the start of the third-quarter earnings reporting season, and look at some of the key economic numbers, particularly the unemployment number Friday.
Peter Cardillo
I suspect over the next session or two, we could see more selling, as investors await all the economic news due next week,
Peter Cardillo
Short-covering has brought stocks back a little, but you've got very little volume and the rhetoric of the potential attack against Iraq and the September 11th anniversary hanging over markets.
Peter Cardillo
We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,
Peter Cardillo
We have the weapons inspectors returning, mixed corporate reports and no new economic news to focus on, so stocks are taking a little pause. The broader market is mixed to lower but is showing no great declines, while the techs continue to perform a little better.
Peter Cardillo
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What a man believes may be ascertained, not from his creed, but from the assumptions on which he habitually acts.
George Bernard Shaw
An actor remembers his first piece of published praise. It is written on his heart.
Conrad Veidt
It took us three years to even come close to catching up with the demand a little bit.
Ruth Handler