Allen Sinai
Allen Sinai
act capital certainly coming expected found huge impact improvement jobs looks roughly work
It looks to me like the act is roughly working as it was expected to. We never found huge impact -- but certainly in our work we found improvement in growth, capital expenditures and jobs coming from the measure.
attitudes business midst nice
In the midst of a very nice business expansion, there is a kind of pall in the attitudes of Americans about how this administration is performing.
fed greenspan influenced president suspect
I suspect that on Fed decisions, the president has been very much influenced by Mr. Greenspan. Greenspan and Cheney go back.
drawn due sources strength strong underlying weakness
The sources of weakness probably are temporary. The weakness belies some underlying strength because inventories were drawn down due to strong demand.
events rather shape views
He let events shape his views, rather than let doctrinaire views shape policy.
chairman effective fed greenspan innovative rank
I think that Greenspan will rank as one of the most effective and innovative Fed chairman that we have had -- a home-run champion.
extremely horizontal mergers
This is an extremely competitive business, and horizontal mergers like this make sense.
energy envisioned fed gets inflation interest oil raise rates
If inflation gets out of hand, the Fed will have to raise interest rates more than is envisioned right now. Oil and energy can do it.
absolutely equity glass point wrong
From the equity point of view, things are absolutely superb. You need a magnifying glass to find something wrong with the economy.
fed held march meet next power question rally remember staying views
The staying power of the rally is the question mark. You have to remember the views held by the Fed on March 28 are not necessarily the views held when they meet next on May 10.
causing falling goods higher imported inflation ingredient oil outside rising risks says start year
It is causing some imported goods prices, which were falling a lot a year ago, now to start rising and this is outside of oil and energy. That's just one more ingredient that says there's more risks that inflation will go higher than lower.
cloud danger dark market moving near oil
With oil on the rise, we're in danger of a dark cloud moving over the market in the near term.
chop concern equity grand market test wood
We have a lot of wood to chop before the equity market can get out of its grand funk. And you know, actually my concern is we're going to test the old lows.
aggressive federal insurance reserve seeing sure taking
What we're seeing is aggressive taking out of insurance by the Federal Reserve to make sure we don't have anything like the 1920s or 30s happen.