86 Quotes by Greg Valliere
- Author Greg Valliere
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The Red Sox won four games in a row after being down three nothing, so anything is possible,but I think the markets would perceive this as a long shot. I think at some point today (Wednesday) Kerry and his people get together and decide they don't want to be perceived as sore losers.
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O'Neill's gaffs have hurt him. There aren't a lot of Republicans on the Hill who like him. But he seemed to have the president's confidence.
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O'Neill's departure removes an impediment for a big stimulus package, ... He had been lobbying against a package, worried about a budget deficit.
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Right now, it's open season on him. Most Republicans view him as a liability.
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My take is that they know they've got a tough selling job ahead, ... I think they have to sell it (the policies) to Wall Street, to the capital, and to the public. The administration's conclusion is that Snow isn't the best salesperson for the job.
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On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate.
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One of the big stories coming out of this is the inability to get anything done in the next two years. Therefore ... the budget surplus is going to pile up dramatically because Congress won't agree on big tax cuts or big spending hikes.
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If they exchange gold wedding bands (the) price of gold will go up. If they travel to Europe on their honeymoon, the dollar will strengthen. If (Treasury Secretary) Robert Rubin and other administration officials are there, the Fed won't tighten again.
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If this election uncertainty drags on that long, you've got to think the air of uncertainty in the country will infect consumers and consumer spending.
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