Greg Valliere
Greg Valliere
bush clear
I think Bush would be a clear favorite.
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.
bad clearly economy expecting good jason labor markets number people secretary sending signal underlying wonder
Things aren't as bad as Jason (Furman) said but they're not as good as the labor secretary said, ... The markets clearly were expecting a better number than 96,000. You've got to wonder ... are corporations sending us a signal that the underlying economy is not as good as people thought?
clear clue fed might prepared statement
The wording of the statement will be very significant ? does it make it clear that the Fed is prepared to do more. It will be an important clue about what we might get going forward.
clear close economy few months negative next winter
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.
hill house pressure tremendous white
I think we're very close. ... The White House has put tremendous pressure on the Hill to do something.
belief bit hoping market microsoft might noon rather reinforce resolution segments sooner speech sure today whether wrapped
I think what we all are hoping for is resolution sooner rather than later. I'm not sure that Gore's speech at noon today would reinforce the belief that this would get wrapped up quickly. (Some) segments of the market will do well whether it's Microsoft or drug stocks, but I think it might be a little bit premature.
hoping rather resolution sooner
I think what we all are hoping for is resolution sooner rather than later,
bond comfort gives greenspan inflation level market vigilant
It gives the bond market a comfort level that you have a replacement just as vigilant on inflation as Greenspan was.
higher knows layoffs moving seen start
I think everyone knows it will start moving higher because of all the layoffs we've seen so that will probably just tell us what we already know,
basis greenspan move points
I think Greenspan realizes that if he doesn't move tomorrow, he may have to do 50 basis points at the end of January, which could look panicky.
basis belief certainly close domestic encouraged growth half last saying sent signal wants
I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points, ... By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point.
bond caused impossible number numbers week
I think Friday's number will be impossible to analyze. But everyone said all the numbers this week would be ignored, and the ISM number caused a big sell-off in the bond market.
impossible number
I think Friday's number will be impossible to analyze,