Quotations
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Peter Cardillo Quotes
«Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy.»
Author: Peter Cardillo
«That's what is putting a cap on the good news in the market.»
Author: Peter Cardillo
«Now you have the Bank of Japan, the European Central Bank and the Federal Reserve all with the same interest-rate policy, and that's very positive. It's a strong indication that global central bankers will contain inflation and not necessarily choke off economic activity, which has been a big concern here.»
Author: Peter Cardillo
«The market is being held hostage by higher yields. But I think they are somewhat over extended at this time.»
Author: Peter Cardillo
«What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.»
Author: Peter Cardillo
«The Fed is going to have to do some serious thinking. We see the markets responding to that today.»
Author: Peter Cardillo
«Of course the market is expecting 25 basis points.»
Author: Peter Cardillo
«The economic numbers have been neutral to positive, but it's the end of the quarter and the market is not responding to the drop in oil and drop in gold.»
Author: Peter Cardillo
«All in all, I think we're looking at a mixed reading in economic data but pointing to growth ahead. I think it'll continue to support a bullish atmosphere. Right now we're just looking at cautious trading ahead of the numbers and due to Europe being a little soft.»
Author: Peter Cardillo
«The market is being held hostage by higher yields. But I think they are somewhat overextended at this time.»
Author: Peter Cardillo