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...
data earnings economic expect force full later lower remain trading until
Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,
ahead data economic economy fed indication positive slowing stay until
Until there is a positive indication in economic data that the economy is slowing down, the Fed has to stay ahead of the curve.
capitol cautious continue data investors last major profits taking testimony until
We have here a cautious market, and it will continue to be cautious until we get through some major data and Greenspan's testimony on Capitol Hill. Also, investors were taking profits from last week's rally.
continues economy inflation interest last low message night obviously question rates state strong union
There is no question that the State of the Union message last night was very strong and very positive. Obviously the economy continues to do very well. Inflation is low and interest rates are still very low.
becoming data develop economic enthusiasm feeding future growth investors late profit saw seeing tomorrow yesterday
What we're seeing here is investors becoming increasingly nervous, awaiting the economic data tomorrow (Thursday). Profit warnings and future growth (concerns) are overshadowing the enthusiasm that we saw develop late yesterday -- it's a feeding process.
assess data earnings economic later market moving seeing waiting week
What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.
aftermath creates economy higher market moves oil price shaking strength territory time worries
What's shaking the market is oil and the aftermath of the hurricane, ... Every time the price of oil moves into new, higher territory that creates worries about the strength of the economy going forward.
apply both economics economy global mechanism rules stock uncharted
We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.
accelerate continue east economy energy fed increasing inflation interest middle moving number oil possibilities price prices raise rates recession slow suggest target tension terms
With the price of oil moving up and the tension in the Middle East would suggest that the possibilities of a recession are increasing in terms of inflation, ... The Fed's number one target is to keep inflation under control. If energy prices continue to accelerate then the Fed doesn't need to raise interest rates because the economy is going to slow anyway.
bit bond confirm durable economy-and-economics goods housing last might obviously seeing signs starts tone
We are already seeing some signs of a slowdown in the economy. If durable goods confirm what housing starts voiced last week, then obviously we might see a little bit better tone in the bond market.
continue economy economy-and-economics fact grow grows perception slowing toward turning
The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
case chips continue few good hold issues looking people specific stocks stories tech
There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
case chips continue few good hold issues looking people specific stocks stories tech
There are some good stories out there, and I think people are looking at them, ... You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
bed certainly fact fell market oil
The fact that oil fell out of bed is certainly propelling the market today,