Edgar Peters Quotes

Results are coming in strong, but the market is concerned that this will not be sustained in the near future. There's still a lot of uncertainty, and demand for stocks is suffering because of that.

- Edgar Peters

Tags

Results | Coming | Strong | Market | Concerned |

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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. - Edgar Peters

The report showed the economy is quite strong and employment costs are rising and that's what the Fed is going to be concerned about. - Edgar Peters

Even if the Fed skips raising rates at the next meeting, it has to be seen as a symbolic act and not as a change in monetary policy. Stocks would only get a temporary boost. - Edgar Peters