Bill Sullivan
Bill Sullivan
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Compared to last year where I had to drive all the way to Canada and pay 40 dollars, this is wonderful. I walked in, it took about two and a half minutes for the whole procedure.
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We started the session with this tremendously upbeat commentary in the press and a clear mind-set on Wall Street for the economy to improve in 2003. Lo and behold, the first significant statistic of the year underscores that point of view, so we're off to the races.
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It is no coincidence that households found it more difficult to maintain current payment schedules just as the volume of refinancing activity began to dry up as the second half of the calendar year got underway,
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For the first game of the year I thought our guys played well. They came out strong and really took it to them in the first half.
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In many respects, the Fed is a bit player when it comes to the overall outlook. We're dealing with issues of confidence.
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These (the Nasdaq and oil) are the key factors driving prices higher in a very thin environment.
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This is a very fragile recovery process. It's been reliant on these low borrowing costs. If we remove them, we effectively deny the economy its support.
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The nations in Asia, Russia and Latin America have pressure to raise cash, so they are dumping their commodities on the global marketplace and that's pushing prices lower.
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I made sure I talked to him before he got another job, ... It's tough to find really good people.
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It's clear that, even though the economy is growing fairly rapidly ... it's not generating any price pressures. This may permit interest rates to edge lower.
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At the same time, the demand for many commodities is weakening here as global growth begins to moderate.
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The lack of such short-term borrowing thus far in the current cycle seemingly contradicts the notion that a brisk expansion is under way.
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The Fed is telling us today they want to stay ahead of the economic curve.
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What's going on in the Middle East is resonating more with investors now than it was a week ago, ... It's become very clear that the environment in the Middle East is (more) unsettled and that's introducing a new level of uncertainty.