The dollar's strength and the bond market's weakness right now is changing the way people are seeing things, ... It's telling us that interest rates are likely to rise and that commodity prices are likely to come down.
More Quotes from Peter Green:
There's a perception that the economy is getting better, whether that perception is real or not. You have a lot of people choosing to see the glass as half full at the moment. But I would expect that in a few days we're going to see some profit taking. This is really just a big trading range.Peter Green
The market is defensive. It indicates to us that we'll see a slowing of profit growth going forward.
Peter Green
Greenspan's comments are obviously a big turnaround from what he said last year. But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise.
Peter Green
The market is strong, but we're a bit overbought and some complacency has set in,
Peter Green
I took one too many LSD trips. And that puts me in the Care and Attention category.
Peter Green
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