Greg Valliere
Greg Valliere
positions seems street taxes trade wall
On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate.
abyss clear extremely investor looking major needs negatively restore unlikely viewed
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.
absorb country experience people
For the people who experience it, it's a tragedy, but for the country as a whole, we can absorb it.
agreement care change contract gold health huge political public strategies whether
I think political strategies now are in agreement that the public doesn't want a big huge change on anything, whether its health care or the contract with the gold standard.
blow case certainly clients clinton house issue resigned senate tougher wall
That's the question, certainly, for all our clients on Wall Street. They're resigned to Clinton getting re-elected, but the real issue is if it's not by 10 points, but by 18 or 19 -- if it's the latter, then I think certainly the House will go Democratic, ... The Senate is a tougher case to make, but in a blow out, even the Senate could go.
bottom bush line
My bottom line is that this not catastrophic for the Bush agenda,
along appeal brings logical sex talented
I thought all along Edwards was the logical choice, ... He's so talented as a campaigner, and he brings a lot of enthusiasm, sex appeal and pizzazz to the ticket.
consumer critical key spending variable
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,
late microsoft people talked yesterday
Even people who don't like Microsoft we talked to late yesterday were shocked,
backs bush delusional george justice maybe microsoft surprised treated until wait
I think Microsoft would like to wait until after the election, and maybe if George W. Bush wins, they could get treated better by a Bush Justice Department. I think they're delusional if they think that's going to get them out of their problem, but I wouldn't be surprised if that's in the backs of their minds.
below dollar export improve intervene threaten
If the dollar were to threaten below 120 yen again, they'll intervene again. I think they've got to improve their export sector. They've got to export their way out of this.
affect august helps hike issues jones market people pocketbook rate sold talk
I really think when you talk about pocketbook issues that affect the electorate, people think about the Nasdaq (composite index) and the Dow Jones (industrial average). If we got another rate hike and the market sold off on that, I think people would be displeased. If there's no rate hike on August 22 and the market rallies, you've got to say that helps (Al) Gore.
markets quick viewing
Right now the markets are viewing this as if it's going to be quick and painless.
months
I think it will be months and months before you see this clarified.