Peter Canelo
Peter Canelo
anymore clearly federal march market question raise reserve whether
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.
bonds last market stock three yields
In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.
help high market propel
Everybody's doing well and that will help propel the market to new high ground.
basically bear break bull market miss
You miss out in a bull market and you basically break even in a bear market.
flat gonna jobs looking market number small tick
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.
cut foreign helping investors market rate strong
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.
control deflation inflation price producer
With inflation really under control and deflation at producer price levels, I don't think they'll do anything.
everybody excited last
Everybody is all excited about this, but the Dow is the last one to go to the party.
low means technology
But even if you see a low in the technology stocks, I don't necessarily think that it necessarily means we are going back to the races.
I think that's going to be a real plus.
begin break earnings fourth incredible lead middle next people sometime upside year
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.
extended stocks
It could be an extended consolidation in the 'new economy' stocks that could take us through the end of the year.
companies failed
I think the index has failed to keep up with the times. There are too many companies missing.
looked
We looked for that recession. We couldn't find it.