Ed Peters Quotations

If the Fed doesn't raise rates, it's strictly for morale. Given the recent market swings, they're going to go ahead with the increase. There will probably be two more hikes.

They called and asked if they could move walls. The building is getting in the way of what they want to do.

It's been a strong quarter, even though it's been built on lot of positive expectations for the future.

But that was a little overdone. They clearly don't know exactly what they're going to do over the next few months.

I think everybody is waiting for the employment data. If unemployment is still dropping when we've just had a report showing productivity is declining, then the Fed would be really concerned about wage inflation. That would mean we would be more likely to see more than one or two rate hikes.

There was a shot of optimism from the Fed minutes and I think that's what has carried the market through so far.

There is a push and pull between the people who want to be optimistic about the economy and those who are less so.

What if in 20 years we say, 'small schools? What was that all about?' We're trying to build for a variety of uses because we know it's going to change.

Even the most committed alums say it was an ugly building when it was built.

There's a strong sensitivity now to interest rate increases, and high-priced stocks such as tech stocks are generally more sensitive to that.