Quotations
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Edgar Peters Quotes
«Trading volume is dwindling and we are probably not going to see large bets today and tomorrow, and especially after inconclusive economic data.»
Author: Edgar Peters
«The only thing that seemed to really move today was oil.»
Author: Edgar Peters
«It was encouraging that the Dow managed to stay above 11,000 yesterday, showing some firmness at that level. We may see some weakness linger, but we should overcome it.»
Author: Edgar Peters
«People are thinking maybe there was an overreaction to the mad cow issue, and there is a little bargain hunting going on,»
Author: Edgar Peters
«People are thinking maybe there was an overreaction to the mad cow issue, and there is a little bargain hunting going on.»
Author: Edgar Peters
«They're still concerned about inflation. So I think we're in for at least one more rate hike, probably two. But things were put in a much more neutral tone.»
Author: Edgar Peters
«The report showed the economy is quite strong and employment costs are rising and that's what the Fed is going to be concerned about.»
Author: Edgar Peters
«It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.»
Author: Edgar Peters
«The economy is quite strong and employment costs are rising, and that's what the Fed is going to be concerned about. ... it's a negative for interest rates. It's much more likely now, I think, that the Fed will raise the federal funds rate to at least 5 percent.»
Author: Edgar Peters
«The ISM Services data saved us from the Intel news this morning. With Intel there has been a lot of negative news that was already built in, so some of it may have been priced in. Investors now see the services sector is still growing, which is relieving the pressure the market has been under.»
Author: Edgar Peters