Michael Panzner Quotes
Sure, lower rates might offer another brief respite in an environment that has seen increasing dollops of profit-warnings and negative economic news recently, but when that is all said and done, a poor operating environment is unlikely to be a boon for corporate profits -- or U.S. shares prices -- in the months ahead... The New Laws of the Stock Market Jungle. 
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Rates | Offer | Respite | Environment | Increasing |
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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
