Everything changed after 9-11. There is a panic premium in prices today, driven by perceptions that supply and production are centered in countries that could fall into political turmoil.

Michael Darda

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Today's number is a sign of slowing ahead. But that's not a negative thing. With the dramatic price appreciation we've seen, we don't want to see a runaway market out of control.

— Michael Darda

The bottom line is that it's best to look at what the companies are actually doing rather than pay too much attention to what they're saying.

— Michael Darda

ActuallyBestBottom

You just can't have 30 percent growth every quarter.

— Michael Darda

Inflation has boxed the Fed in, they are going to have to keep moving rates up.

— Michael Darda

A significant part of demand right now is based on speculation that something is going to happen in the future or near future to make supplies much more scarce.

— Michael Darda