We still have a lot of uncertainty with Brazil, and with what the government will do or not do.
More Quotes from Peter Canelo:
I think the market is clearly getting used to the idea that the Federal Reserve is going to raise rates. I don't think it's a question anymore of whether they do it in March or not. If they don't do it in March, they (will) do it in April. The real question now is how much do they do it (and) when they do it.Peter Canelo
I think techs are not as overvalued as some people believe. I think they're going to have incredible earnings next year and I think they're going to lead an upside break out in the market, which should begin sometime in the middle of the fourth quarter.
Peter Canelo
International investors get scared and pull their money out of these stocks. They don't know what impeachment is, they don't care about the fine points. But they're scared.
Peter Canelo
With inflation really under control and deflation at producer price levels, I don't think they'll do anything.
Peter Canelo
I think the index has failed to keep up with the times. There are too many companies missing.
Peter Canelo
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