Quotations
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Michael Metz Quotes
«(This) week is all about the Fed. But we all know they are trying to bring back the benchmark rate to neutrality. They still have a couple more rate increases to go.»
Author: Michael Metz
«It means the appetite for U.S. assets is still strong and that was enough to give stocks a boost this afternoon.»
Author: Michael Metz
«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?»
Author: Michael Metz
«No one takes him seriously any more.»
Author: Michael Metz
«The end of the strike in New York is good for business and I would expect that to help support a rally.»
Author: Michael Metz
«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.»
Author: Michael Metz
«Economic data has been supportive and earnings have been strong, so there's no reason why we can't see a rally in stocks between now and the end of the year.»
Author: Michael Metz
«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.»
Author: Michael Metz
«You had a good year for the economy, a great year for corporate profits with spectacular gains, and a very benign interest rate environment, and the market did nothing.»
Author: Michael Metz
«The Delphi bankruptcy didn't help. The concern is, what are the repercussions of that for General Motors and for other automakers 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?»
Author: Michael Metz