Quotations
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Michael Metz 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.»
Author: Michael Metz
«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.»
Author: Michael Metz
«A lot of the short-term action is dependent on oil prices.»
Author: Michael Metz
«My guess is we've seen a little bit of a blow-off on oil and it's going to be a little bit more of a hospitable climate, as far as oil prices are concerned.»
Author: Michael Metz
«It is an impressive showing for the market again,»
Author: Michael Metz
«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.»
Author: Michael Metz
«The market's gains really are a response to the good fundamentals we've seen, like the jobless claims. It's really helping tech because that is one of the most cyclical parts of the economy. There is also hope that capital spending will be vigorous even if the consumer takes a break.»
Author: Michael Metz
«It's a very nervous and uncertain market»
Author: Michael Metz
«The real question is whether companies will squeeze their (profit) margins as costs increase or if they are going to increase prices. I think they will increase prices.»
Author: Michael Metz
«It's been an accumulation of data that suggest the economy has great momentum here, more than people had expected. It seems almost inevitable that the fed will have to move, but even if it doesn't, the market is pushing up long rates in any case.»
Author: Michael Metz