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Michael Sheldon Quotes

The mood of the market has clearly improved in recent weeks and this most likely reflects optimism that the Fed is close to the end of its recent rate tightening cycle. - Michael Sheldon

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Mood | Market | Improved | Weeks | Reflects |

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Pepsi's report looked pretty positive, in addition to Cisco, which is a bellwether in technology industry. Cisco's results last night were certainly a positive. - Michael Sheldon

With the fed continuing to raise rates and energy prices at very high levels, its hard to see the markets making much headway... certainly been guy shy about putting new money to work. - Michael Sheldon

Once bond yields started moving higher again, investors reflected on the interest rate environment and decided to take profits off the recent highs. - Michael Sheldon

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