Greg Valliere
Greg Valliere
adage cuts fed hikes time
There's an adage that the Fed cuts or hikes one time too many.
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.
hoping rather resolution sooner
I think what we all are hoping for is resolution sooner rather than later,
incredibly market ohio payroll point rural sure swing voters
I think it (Friday's report) is incredibly important from a market point of view. But I'm not sure that swing voters in rural Ohio are going to be into the non-farm payroll number.
kerry markets oblivious recently until
The markets until recently have been oblivious to the possibility of a Kerry win.
binge case compelling consumer raise spending
The consumer is not on a spending binge - consumer spending has moderated and I don't think there's a compelling case (to raise rates).
markets top
If you look at who the markets would be the most comfortable with, and that has to be one of the top criteria, then Feldstein has got to be the No. 1 pick,
hill house pressure tremendous white
I think we're very close. ... The White House has put tremendous pressure on the Hill to do something.
crippled dollar market president whether
If the President is really crippled I would look at the dollar to see whether there really is a market impact,
bands dollar europe exchange fed gold officials price robert travel wedding
If they exchange gold wedding bands (the) price of gold will go up. If they travel to Europe on their honeymoon, the dollar will strengthen. If (Treasury Secretary) Robert Rubin and other administration officials are there, the Fed won't tighten again.
concern good growing house job white
There's a growing concern that the White House is out of touch. He has to show more empathy, and he hasn't done a good job on that.
bush clear
I think Bush would be a clear favorite.