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Letter "P" » Peter Canelo Quotes
«In the last three years, bonds have done OK, with yields around 6 percent. But the stock market has more than doubled.»
«You miss out in a bull market and you basically break even in a bear market.»
«I think the market is clearly getting used to the idea that the Federal Reserve is going to raise rates. I don't think it's a question anymore of whether they do it in March or not. If they don't do it in March, they (will) do it in April. The real question now is how much do they do it (and) when they do it.»
«I think the market will stay on the defensive until mid-May when the Fed meets again, but my guess is they won't [raise the rates].»
«It's just telling you that the selling has been done, and now investors are coming in looking for bargains. The bulls are back in the saddle.»
«The market isn't cheap. But I think strong participation from foreign investors is helping and the (planned) cut in the (U.S.) capital-gains-tax rate makes the market cheaper.»
«For the first time in this cycle I'm getting a little nervous.»
«We looked for that recession. We couldn't find it.»
«I think that's going to be a real plus.»
«But even if you see a low in the technology stocks, I don't necessarily think that it necessarily means we are going back to the races.»