Greg Valliere
Greg Valliere
markets quick viewing
Right now the markets are viewing this as if it's going to be quick and painless.
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.
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,
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,
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.
begun markets maybe outcome reason worry
That may be one of reason (the Dow is) 9,800 -- maybe the markets have already begun to worry about the outcome not being known.
comparable delay markets perceive talking temporary
This is not comparable to 2000. If we were talking 3,000 or 4,000 votes, it'd be a big story. But I think the markets will perceive this as a temporary delay of the inevitable.
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,
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).
hill house pressure tremendous white
I think we're very close. ... The White House has put tremendous pressure on the Hill to do something.
bush clear
I think Bush would be a clear favorite.
adage cuts fed hikes time
There's an adage that the Fed cuts or hikes one time too many.