The market is up, and I guess it's just the lack of economic news and anticipation of earnings and economic news due later in the week,
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 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.
Peter Cardillo
The good news is that on the consumer side of things, spending actually declined, and the real good news is the deflator was lower than the last quarter and there was a revision from the first quarter. So when you really dissect it all, it wasn't all that bad.
Peter Cardillo
I think Mr. (Federal Reserve Chairman Alan) Greenspan is partially responsible for the latest decline in the market, because in his last testimony, he said something that was quite important, and I think he gave a wake-up call to the market. He said that they were - they had not made a decision yet about the August interest rates.
Peter Cardillo
Anytime you get an alliance it's good. I think we're going to see more and more strategic deals because it's survival time for a lot of these companies.
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
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Based on Topics: Economics QuotesAmerica makes prodigious mistakes, America has colossal faults, but one thing cannot be denied: America is always on the move. She may be going to Hell, of course, but at least she isn't standing still.
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His feeling was the name Walt Disney represented all of us. Walt was hanging by his teeth financially and really I think he was for most of his career. Not at all like today.
Marc Davis
Robert Jordan, whether he's writing with passion or not, I don't know.
Terri Windling