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...
crisis east energy fearful further inflation level market means middle obviously prices reason strong
Energy prices are the reason for this. The crisis in the Middle East is obviously going to keep the price of energy at a strong level and that means this market is going to now be fearful of inflation exploding. We could be in for a further bumpy ride.
fears fed investors number strong
If we get a strong number (Friday) it could rekindle fears of another Fed tightening and that will keep investors on the defensive.
bank bankers central choke concern contain economic european federal global indication inflation reserve strong
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.
activity driving economic factor focus market sign stronger suspect
When you have M&A (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data; I suspect the driving factor of the day could be the ISM index.
economic economy faster growing indicate rally recent strong supported today
The recent rally is being supported today by the strong economic numbers, which indicate that the economy is growing at a faster clip,
economy economy-and-economics fed good investors news realize starting strong
The good news is that we have a strong economy and there's no inflation, ... Investors are starting to realize the Fed may not need to be that aggressive.
days economic interest investors looking mean news rather says strong
It's one of those days where investors are looking at the strong economic news for what it says about the economy, rather than what it could mean for interest rates.
across fall leading oil prices rally shift stocks strong tech
It's a very strong rally and it's right across the board, with tech stocks leading the way, ... Clearly, the fall in oil prices sparked this, but it's also a short-term shift in sentiment.
basically bear beginning certainly drive emotions market means rather seeing simply stock strong tail
What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.
market oil price profit reverse seeing send strong taking
We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.
continues economy inflation interest last low message night obviously question rates state strong union
There is no question that the State of the Union message last night was very strong and very positive. Obviously the economy continues to do very well. Inflation is low and interest rates are still very low.
earnings focus last looks quarter season strong stronger though totally window
We're at the end of the quarter so there is some window dressing. The focus is now totally on earnings, and this earnings season looks as though it will be strong if not stronger than last quarter.
balances capital companies generate increase large likely optimistic strong technology tends
We are optimistic with the technology sector, ... Most of the large technology companies have strong balances and they are likely to increase capital expenditure, which in turn, tends to generate better results.
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.