Larry Wachtel Quotes

Getting back to inflation, it is important to note that the producer price Index does not reflect wage pressures -- and that is where the inflation threat really lies.

- Larry Wachtel

Tags

Inflation | Important | Note | Producer | Price |

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The selling last week was so extreme, there had to be a snap back. - Larry Wachtel

Cisco reports earnings tomorrow (Tuesday) and certainly that stock is at a price where there may be a split. - Larry Wachtel

We have good earnings today, but there's just too much good economic news. We're increasing the likelihood of a rate hike in June. The data are coming in stronger than expected, so the Street is expecting another hike. The better the news, the more likely the Fed will tighten. It's a strange phenomenon that good news can be bad news. - Larry Wachtel