Peter Cardillo
Peter Cardillo
1972 Harlem mosque incident describes the April 14, 1972 shooting of a New York City Police Departmentofficer at the Nation of Islam Mosque No. 7 in Harlem, Manhattan, New York City. The officer responded to a fake 9-1-1 call, was shot and died six days later. The incident sparked political and public outcry about mishandling of the incident by the NYPD and the administration of Mayor John V. Lindsay...
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The market should keep doing well in the short term. There's the seasonal factors, the economy should keep doing OK, and from a technical standpoint, things still look good. I think that's why the market has been able to ignore the negative implications of the collapse of the dollar so far.
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The markets for the next couple of days will focus on some economic data, until the chief weapons inspector returns.
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The market seems to be concentrating on the future rebuilding of the devastated area, and I think that's what's keeping the market from declining.
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The markets are going to be looking at it more clearly now that the major numbers have been released.
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The markets are deeply oversold and starving for good news,
market remains
The market remains technically weak, ... The story hasn't changed.
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The market has so far been ignoring the good economic news, but it's just a matter of time before investors shake off the fear factor.
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The Chicago number showed manufacturing has been picking up in the Midwest. That bodes well for the national number Monday, all of which supports the idea of a recovery, which is what the market has been betting on.
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The good earnings news is really taking hold. Some of the warnings from last week are less of a factor in the marketplace now.
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The economy is already weak and this is adding to the woes. It's a lose-lose situation. If the situation is settled soon, we go back to the same soft economy. If the situation is not settled soon, we get an even softer economy.
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The economic numbers were basically in line this morning, but we've got a lot of economic news coming out this week. Earnings are pretty much over with, and they were pretty mixed, so investors are now looking to see that the economy won't stall in the second quarter before they're going to be willing to buy.
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The economic numbers have been neutral to positive, but it's the end of the quarter and the market is not responding to the drop in oil and drop in gold.
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The economic news today wasn't good -- obviously it leads to worries of inflation. But that should have been expected, with oil and metals trading higher. It has to translate into inflation. The market continues to drift in a sea of uncertainty -- the geopolitical issues are still the main concern.
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The economic news this morning was mixed. The leading indicators fell for the third straight month, which is certainly not a positive, but the decline was minimal.