Peter Chandler Slowing Quotations

So if we're seeing incremental evidence now of the economy slowing down, then we should have a reasonable expectation to continue to expect that to happen.

Banks are weak across the board and that's really the belief that the economy is slowing and anxiety about the risk of some their loans.

It's a mixed bag. The markets are concerned about the slowing down in the economy. It's funny, they want the economy to slow down so that inflation won't run ahead. Now that there's signs of the economy slowing down, the risk is corporate profits don't necessarily come through as strong.

If the market gets some more confirmation of the slowing of the economy on Friday, then I suspect the market's got more to push on the upside.

The market has somewhat anticipated a half-point rate increase next week, so if they can see signs that the economy is slowing then the belief is that maybe the Fed will not have to do anything beyond the next meeting, and that maybe the worst of the rate raise is over.