Allen Sinai
Allen Sinai
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.
events rather shape views
He let events shape his views, rather than let doctrinaire views shape policy.
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.
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.
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.