There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total Michael Metz quotes in our collection. Michael Metz is known for saying 'It's a very nervous and uncertain market.' as well as some of the following quotes.
My guess is we've seen a little bit of a blow-off on oil and it's going to be a little bit more of a hospitable climate, as far as oil prices are concerned.
Restaurant stocks were badly hit last week and they were entitled to bounce back. But frankly, I would not be in that space because it is most vulnerable to a cutback by lower-income consumers due to higher oil prices.
The market's gains really are a response to the good fundamentals we've seen, like the jobless claims. It's really helping tech because that is one of the most cyclical parts of the economy. There is also hope that capital spending will be vigorous even if the consumer takes a break.
The real question is whether companies will squeeze their (profit) margins as costs increase or if they are going to increase prices. I think they will increase prices.
This quote is just one of 9 total Michael Metz quotes in our collection. Michael Metz is known for saying 'It's a very nervous and uncertain market.' as well as some of the following quotes.