Edgar Peters Quotations

Bonds at these yield levels offer very little value. Inflation is low but it's not that low to justify bond buying, especially given the U.S. economy is not slowing at a fast pace. Stocks offer a much better value.

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.

People are thinking maybe there was an overreaction to the mad cow issue, and there is a little bargain hunting going on,

With energy prices at such high levels, any decline is very positive. The ease in oil is certainly helping the markets today.

The oil data is giving some support to the stock market, especially given the mixed company earnings that have been released in the past couple of days. Declines in oil prices are always positive for equities.

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.

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,

It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.

Certainly seeing more merger and acquisition activity going on encourages people too because it's a signal to them that things are undervalued.

Trading volume is dwindling and we are probably not going to see large bets today and tomorrow, and especially after inconclusive economic data.