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Greg Valliere Quotes
«I personally think the 1992 analogy has been overdone.»
«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.»
«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.»
«The Wall Street types want to make the United States attractive for investment, and a strong currency attracts investors.»
«He needs to restore investor confidence, ... It's extremely unlikely he would say anything that would be viewed negatively by the markets. He's going to make it clear that we are not looking at the abyss and we are not looking at a major recession.»
«We'll probably get more rate cuts tomorrow, but I think you will probably see something on the fiscal side too. You may even get a little more on the tax side. Even Democrats agree that we might need a payroll tax cut,»
«I think one sector that could benefit [from Republican control] would be the health-care sector in general and the drug stocks in particular. I think a fear on Wall Street would dissipate that there could be price controls or some sort of onerous provisions,»
«The key variable here is the consumer. As of now, consumer spending is way down so that may be the most critical thing they'll look at,»
«The end is near. To get a resolution is the biggest story of all. Beyond that all sectors that you would expect to do well -- drugs, energy, defense stocks, utilities -- they will all do very well tomorrow morning. [I see] an across-the board-relief rally.»
«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.»