Greg Valliere
Greg Valliere
hill house pressure tremendous white
I think we're very close. ... The White House has put tremendous pressure on the Hill to do something.
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If I was a member of Congress I'd try to press him on is there a light at the end of the tunnel on measured rate hikes, and at what point the Fed decides enough is enough. You have to think after the August move we probably are in the eighth inning, but I doubt he'll be that explicit.
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,
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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,
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If the President is really crippled I would look at the dollar to see whether there really is a market impact,
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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.
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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.
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The two candidates who had backing from organized labor got slaughtered last night. You have to conclude that protectionist arguments just aren't going anywhere.