Peter Cardillo Crisis Quotations

All of these crises are getting serious, and what the (U.S.) market is experiencing is a crisis of confidence.

Energy prices are the reason for this. The crisis in the Middle East is obviously going to keep the price of energy at a strong level and that means this market is going to now be fearful of inflation exploding. We could be in for a further bumpy ride.

If the Asian crisis deepens, that simply means that corporate profits are going to suffer.

We won't know the full effects of the Asian crisis until at least the second quarter of the new year.