Michael Panzner Quotes

You normally don't find new leadership until you get washouts and corrections.

- Michael Panzner

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Bond investors are discounting a slowing economy in the months ahead. Equity investors see a rebound ahead, and that instead of acting as a brake on the economy, the Fed's continuing hawkish stance is likely to serve as a sign that all is well... If you ask me, it sounds like at least one group of investors has been smoking something. - Michael Panzner

Crude oil was a little weaker, so that provides a stimulus to stock prices. And there's good cheer on the corporate news and recommendations front. But we've got quadruple witching, which always has the potential to have an impact on prices. - Michael Panzner

To see a pullback now would not be all that surprising. When people are exuberant and expect the best, if results aren't good enough, it tends to be a disappointment. - Michael Panzner