The stock market is a discounting mechanism. Many people...

The stock market is a discounting mechanism. Many people recently have seen their mortgages raised -- and many people have adjustable rate mortgages -- unfortunately they have been raised. Oil prices are at near highs. It impacts people's discretionary income. And I think we're seeing it in those stocks that would have a relationship to that discretionary income.

Peter Greene Quote About Impacts, Market, Near, Oil, People: The Stock Market Is A...

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