Peter Cardillo Quotes

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).

- Peter Cardillo

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People | Realize | Employment | Number | Shows |

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Once everyone sifted through all the comments, the realization was that he hasn't changed his thoughts about the economy. He doesn't think the economy is ready to fall off a cliff, and that's basically a strong fundamental for the stock market. - Peter Cardillo

[As for Friday, the first day of the new quarter and the second half of the year:] tomorrow's trade will be impacted by the continued reaction to the Fed statement... We'll also be looking at the ISM index. - Peter Cardillo

This market is grossly oversold. There has been a lot of stimulus added to the economy, so somewhere along the line a recovery will take place. - Peter Cardillo