Ed Peters Quotes (9 Quotes)

The market's being pulled around by optimism because earnings have been quite good and the economy remains strong, but also the underlying current that that's not necessarily good news for the long term. It just means that the Fed has more reason to raise rates.

If you go where the grouper are, they're like cockroaches -- you can't get them off your hook. What you have is a bunch of people in suits and ties, sitting in their offices, who don't have a clue what's going on.

I think everybody is waiting for the employment data. If unemployment is still dropping when we've just had a report showing productivity is declining, then the Fed would be really concerned about wage inflation. That would mean we would be more likely to see more than one or two rate hikes.

There's a strong sensitivity now to interest rate increases, and high-priced stocks such as tech stocks are generally more sensitive to that.

There was a shot of optimism from the Fed minutes and I think that's what has carried the market through so far.

There is a push and pull between the people who want to be optimistic about the economy and those who are less so.

Even the most committed alums say it was an ugly building when it was built.

What if in 20 years we say, 'small schools What was that all about' We're trying to build for a variety of uses because we know it's going to change.

If the Fed doesn't raise rates, it's strictly for morale. Given the recent market swings, they're going to go ahead with the increase. There will probably be two more hikes.