More - Peter Mancuso Quotes

I think you're looking out two quarters, maybe even three quarters before you start to see a substantive increase in earnings for some of these companies. That, to me, is in a nutshell what's going on in the markets.

Peter Mancuso

 

The markets took a rest Friday after a pretty busy week. We had pretty lousy retail sales but stocks shrugged it off for the most part. The market has factored in another rate cut next week. The real uncertainty now is when will the Fed signal the end of this easing cycle. We think that could be around the corner.

Peter Mancuso

 

Accounting and other issues are still overriding the market. There have been some reasonably good economic numbers but the earnings situation hasn't gotten as good as it could. You could make a case for the bull and the bear.

Peter Mancuso

 Accounting

We keep getting earnings reports that are horrific.

Peter Mancuso

 Earnings

It's a brutal market. I've been doing this for more than 30 years and I've never seen anything like this.

Peter Mancuso

 

It's a market of air pockets.

Peter Mancuso

 

You can't really look at values, you can't really look at fundamentals; it's all about psychological reaction today.

Peter Mancuso

 

If we have had (a recession) or are almost out of a recession, you can see this light at the end of the tunnel. The opportunity for moves on the upside are pretty high.

Peter Mancuso

 

The market seems to have fresh life, fresh enthusiasm. Psychology is what this market is all about and when we feel good, we buy.

Peter Mancuso

 

The shock is gone. It's over. People are focusing on the future.

Peter Mancuso