Pete Boockvar
Pete Boockvar
basically bounce carried july june market people rally seeing washed
Look, June and July the market basically crashed. Everything got washed out and everything was going to rally after that. So we're seeing a little bounce here -- people shouldn't get too carried away by it.
areas cusp economy employment investors pick point suggesting
Right now, investors feel like we're on the cusp of something. Historically, employment's been a lagging indicator. Other areas of the economy point to growth, suggesting that at some point employment is going to pick up.
desire good lack looking march table time until
There's a lack of desire to do anything. It's not going to be until March that we get a really good idea about what kind of time table were looking at with Iraq.
companies estimates exceed good high meet
Companies really have to exceed some high expectations to get rewarded. Those that just meet estimates -- it's just not good enough.