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111 ordspråk av Greg Valliere
Greg Valliere
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That may be one of reason (the Dow is) 9,800 -- maybe the markets have already begun to worry about the outcome not being known.
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I'm at a one-in-three chance that we will not know for days who won the election,
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It's been a convenient argument with Bush supporters. They'll continue to cite (the household number,) ... The majority of mainstream economists, headed by (Fed Chairman Alan) Greenspan, look at household data but they think payroll number is more important.
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I think it (Friday's report) is incredibly important from a market point of view. But I'm not sure that swing voters in rural Ohio are going to be into the non-farm payroll number.
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I'm up to a one-in-three chance that we will not know for days who won the election. And it could really drag on through December again. It's a cliche but it's a true cliche, that markets don't like uncertainty.
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The markets would be perfectly happy with gridlock.
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The two candidates who had backing from organized labor got slaughtered last night. You have to conclude that protectionist arguments just aren't going anywhere.
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He can afford to tilt at windmills, because he's Warren Buffett. But I doubt he can really influence the Republican leadership.
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I think William Webster is a man of unquestionable integrity, but he doesn't really understand that business.
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I think this doesn't help his standing on the Hill. I think [Biggs] would have made life much easier for Pitt.
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That's a classic move in both parties -- appeal to the base to win primaries, then move to the center in a general election -- and I think he will do that. He will cite his record as governor, which was moderate, especially for Vermont.
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I personally think the 1992 analogy has been overdone.
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The next few months are really crucial. If it's clear by the end of winter to most Americans that the economy has turned, the economy won't be a big negative for Bush. But it's a close call.
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I think it's bad karma when you start talking down your own currency; it smacks of desperation. If this turns into a rout, that will prove that classic adage -- be careful what you wish for.
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The Wall Street types want to make the United States attractive for investment, and a strong currency attracts investors.
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