Bill Sullivan
Bill Sullivan
backed bubble complete credit faith full happened internet treasury united
Let's think back to what happened in Internet stocks. That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.
backed bubble complete credit faith full happened internet treasury united
Let's think back to what happened in Internet stocks, ... That was a bubble where there was a complete evisceration of wealth. That will never happen in the Treasury market, because it is backed by the full faith and credit of the United States.
girls saw walking
I first saw her in 1943. I saw her walking with the other girls on their way to the cafeteria. I thought she was really cute.
enjoy walks
What I enjoy most are the three-quarter-mile walks to the bathroom. This is who I am.
data difficult represents whether
The data will look better, but it's going to be very difficult to distinguish whether it represents real change.
capital huge swings
You don't get huge swings like this if you don't have huge amounts of capital being put to work,
absurd almost believe economic economy replace risk series
It's almost absurd to think you can replace the World Series as an economic event. In no way does it put the economy at risk of double-dip recession, but I believe the economy loses.
almost apparent conclusion continues december employment expectation fed figures job last maintain market meeting observers pledge policy remove stay widespread
It's almost a boilerplate meeting. At the last meeting there was widespread expectation that they would remove their pledge to maintain accommodative policy for 'a considerable period.' But the December employment figures made it very apparent that the job market continues to lag, and most observers have come to the conclusion that the Fed really does need to stay accommodative.
clear continued july month september vibrant vigor
It's very clear that September was a month of continued vigor for the economy. But consumption wasn't as vibrant as in July and August.
associated energy higher recessions since
It may be just a coincidence, ... but all recessions since the 1970s have been associated with higher energy costs.
acts cause collateral community conviction damage eastern huge lead middle military oil street terrorism united wall
There's a huge conviction in the Wall Street community that this will be a successful, surgical, short-lived military incursion. That it will not cause any collateral damage to oil fields, that it will not destabilize Middle Eastern governments and that it will not lead to acts of terrorism in the United States.
across quarter strong
It was a very strong quarter across the company,
crowd equity latin package people script step view
That is amazing. ... People have the same script but are interpreting it differently. The equity crowd view is that the Brazilian package is the first step to relieving the stresses on Latin America.
businesses lost
A lot of businesses are going to slow. There's going to be lost sales, lost revenues, lost activity.