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Edgar Peters Quotes
It was encouraging that the Dow managed to stay above 11,000 yesterday, showing some firmness at that level. We may see some weakness linger, but we should overcome it.
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Edgar Peters
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It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.
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Edgar Peters
They're still concerned about inflation. So I think we're in for at least one more rate hike, probably two. But things were put in a much more neutral tone.
-
Edgar Peters
Bonds at these yield levels offer very little value. Inflation is low but it's not that low to justify bond buying, especially given the U.S. economy is not slowing at a fast pace. Stocks offer a much better value.
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Edgar Peters
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