Peter Cardillo
Peter Cardillo
1972 Harlem mosque incident describes the April 14, 1972 shooting of a New York City Police Departmentofficer at the Nation of Islam Mosque No. 7 in Harlem, Manhattan, New York City. The officer responded to a fake 9-1-1 call, was shot and died six days later. The incident sparked political and public outcry about mishandling of the incident by the NYPD and the administration of Mayor John V. Lindsay...
employment fear fed half people percentage raise rates realize shows wage
People realize we have an employment number, and if it shows accelerating wage pressure, that would rekindle the fear that the Fed may have to raise (interest rates by half a percentage point),
came continue core fed good inflation market news raise rate react remains showing
Core rate came in better than market expected, showing that inflation remains tame, ... Good news and the market should react positively, but the Fed will continue to raise rates. A good report.
raised technical yesterday
Very well managed, ... I just yesterday raised it to a 'strong technical buy.'
along announced army basically company contract labs line obviously raise recently side smallpox somewhere tiny vaccine
Basically, what they're working on here is a smallpox drug. As you know, the vaccine does have a lot of side effects. And this small, tiny basically New York-based company, with its labs out in Oregon, is working on this drug, ... And they just recently announced a contract from the Army -- $1.6 million. It's obviously speculative and somewhere along the line the company is going to have to raise money.
basically fed feeling future individual looking raise rest rotation stocks
Basically it's individual stocks outperforming the rest of the market. The feeling that the Fed is not going to raise is infiltrating the whole marketplace and what we're now looking at is future earnings, but we're still in that rotation mode.
basically fed feeling future individual looking raise rest rotation stocks
Basically it's individual stocks outperforming the rest of the market, ... The feeling that the Fed is not going to raise is infiltrating the whole marketplace and what we're now looking at is future earnings, but we're still in that rotation mode.
expects fed interested people raise
No one expects the Fed to raise rates, but people are interested to see what they say about the economy, particularly about employment.
ability action cap impact level news oil raise sending
Obviously, this is going to raise the level of speculation and fear. And the news may impact oil prices, sending them higher, which would cap equities.
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With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.
bankers believe central contain economy global positive raise rates strong
This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
anxiety chairman fed interest raise rate worse
This couldn't have come out at a worse time, because we have the new Fed chairman testifying tomorrow. It will raise anxiety over the Fed's interest rate outlook.
convinced cyclical fed lack market needs raise rates serious stocks summer
In technology, it's just a lack of serious buying. The market needs to be convinced that the Fed will not raise (interest) rates for the remainder of the year. This is all part of the summer doldrums, but we see cyclical stocks doing a little better here.
consumer data inflation key opening remain stock weaker
We are bracing for a weaker opening with a slew of data being released, ... Consumer confidence, inflation and of course, oil, will remain key indicators for the stock market.
along average begin believe bought companies concern either exactly future good happening houses however levels line major mergers might perhaps saw somewhere stocks
We saw that in the brokerage houses with the consolidation and that's exactly what's happening in the telecommunications sector. And I believe however that there are those companies out there either through perhaps future mergers that will make it and two of them that I like for the long-term is AT&T and WorldCom, ... I think somewhere along the line they might be bought out by some major international concern but it think if you have those stocks it was good at these levels probably to begin to average out.