John Carioba Quotes (15 Quotes)

Many say it was the Argentine news that brought us down.

The restructuring is expected to benefit CSN more than anyone else.

The market was good today, though foreigners are still not buying too much here.

We're in hard times with low volume. In the short term there's no reason it will get any better.

I think a lot of people are still afraid about what could happen.

Things were bad. The drop on Wall Street forced more investors to sell shares here ahead of Monday's options expiry.

People are afraid of what could come out politically.

With the political problem around, any day, at any moment, we could get a positive (opinion) poll or a negative poll. The matter of the war in the Middle East, that's another concern. I think the market will be hectic.

Even when Argentina gets things right in the short term, investors worry about the problems still to come.

On top of all the problems we have here with the energy crisis and Argentina and the dollar ... being very volatile, you have the Nasdaq and Dow Jones going down.

The market is hungry for details of the Argentine swap and there are no details. There is also no answer to the question if Congress will be setting up a government corruption probe.

Trading here today was very volatile, as it was in New York. It was the last session of the month and quarter, when many companies close their fiscal year books doing corresponding buying or selling.

Nobody wants government paper, here or abroad. The basic reason for that is the 'Lula is coming' panic, which brings other consequences such as speculation and liquidity problems.

We've got all markets going up. Prices were pretty depressed in Brazil.

But volume is low and there isn't much interest around unfortunately.