Michael Metz Quotes (18 Quotes)

The market, as far as stocks are concerned, it's been amazingly resilient in the face of some very bad news, particularly about oil prices.

There's anecdotal evidence that individual investors are looking more towards the equity market than real estate. It's a good sign initially that there's new demand, but it could suggest we're at the final stages of the advance.

Regardless of what the Fed does today, I think that maximum monetary stimulation throughout the world is over. We are seeing the low point of interest rates throughout the world. The next move will be upward. Moreover, I think the earnings momentum for the markets is eroding as well.

The Fed is once again saying they are not through with raising interest rates.

My guess is that it was probably a program trade that went in.

His first speech was solid, clear and it addressed all the issues the stock market wanted to hear about -- rates, inflation, housing, oil and the economy.

Even though the summer is traditionally slow, we are likely to see a pickup overseas this year. That's really where the incremental business will come from.

Oil is getting hit here and that also hurts the oil stocks. That is disenchanting a number of short-term traders who didn't expect to get hit that badly by a drop in crude prices.

The market's in trouble. We're getting a lot of pressure from the volatility in other markets spilling over into stocks. It also looks like interest rates are going higher still. Five percent now looks like past history, and maybe we're heading for 5.5.

I wasn't really worried about it, ... Maybe I should have been, (but) I thought it would all blow over, and didn't see it as a catastrophe.

Restaurant stocks were badly hit last week and they were entitled to bounce back. But frankly, I would not be in that space because it is most vulnerable to a cutback by lower-income consumers due to higher oil prices.

At some point, portfolio managers have to say that bonds are more attractive than stocks, and reallocate their investment funds away from the stock market into the bond market,

A lot of the short-term action is dependent on oil prices.

If we do have oil prices at this level for another week or so, it's going to make investors reconsider the whole outlook for consumer demand, which of course has been the real fuel for the economy.

The Delphi bankruptcy didn't help. The concern is, what are the repercussions of that for General Motors and for other auto makers and the component makers. And it's all happening against background where real wages are not rising, so the question is, who's going to buy what American manufacturers produce

When people are desperate to sell you buy. When they are desperate to buy you sell. He who waits until he is in the arena to plan has planned too late.

It means the appetite for U.S. assets is still strong and that was enough to give stocks a boost this afternoon.

The end of the strike in New York is good for business and I would expect that to help support a rally.