Peter Canelo Quotes (13 Quotes)

Foreign investors tend to be worried when there is talk of impeachment because they don't always understand our system. That is important because it was precisely Europe that contributed heavily to buying in the U.S. I don't know if they are selling right now necessarily, but it's a pretty good bet that they are not buying.

International investors get scared and pull their money out of these stocks. They don't know what impeachment is, they don't care about the fine points. But they're scared.

For the first time in this cycle I'm getting a little nervous.

We still have a lot of uncertainty with Brazil, and with what the government will do or not do.

With inflation really under control and deflation at producer price levels, I don't think they'll do anything.

The market isn't cheap. But I think strong participation from foreign investors is helping and the (planned) cut in the (U.S.) capital-gains-tax rate makes the market cheaper.

I think the market is clearly getting used to the idea that the Federal Reserve is going to raise rates. I don't think it's a question anymore of whether they do it in March or not. If they don't do it in March, they (will) do it in April. The real question now is how much do they do it (and) when they do it.

You miss out in a bull market and you basically break even in a bear market.

The market will be looking for a flat unemployment number and a small tick up in jobs, and if the market doesn't get that, it's gonna feel it.

I think techs are not as overvalued as some people believe. I think they're going to have incredible earnings next year and I think they're going to lead an upside break out in the market, which should begin sometime in the middle of the fourth quarter.

In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.

I think the index has failed to keep up with the times. There are too many companies missing.

The market is very relieved that a Democratic Congress won't be putting pressure on tobacco, and that it won't be trying to cut the budget at the expense of aerospace defense. It's happy that health care prices won't be contained by a Democratic Congress.