Greg Valliere
Greg Valliere
people rhetoric stealing talking three turned ugly
This was a pretty ugly weekend. You've got to say that the rhetoric got turned up two or three notches with people talking about stealing an election,
adage bad careful classic karma prove smacks start talking turns wish
I think it's bad karma when you start talking down your own currency; it smacks of desperation. If this turns into a rout, that will prove that classic adage -- be careful what you wish for.
becomes blue bush call fat feeling might radical ribbon start talking target tax
The feeling is that Bush might call for a study, a commission, a blue ribbon panel on tax change, but that, if you start talking about radical tax reform, it becomes a big, fat target for criticism.
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.
eventual hollow perhaps situation tainted victory winner won
You have to say that it could be a hollow victory, a pyrrhic victory, for the eventual winner if you will. We had a situation back in 1876, I'm told, where Rutherford B. Hayes won, but he was called Ruther 'fraud' B. Hayes for his whole term, and I think there's going to be a lot of sniping at the eventual winner as someone perhaps who won a tainted election,
almost angst billion cut cuts five mild spending though
Even though there's a lot of angst over the budget, a cut of $56 billion over five years, or $40 billion in spending cuts over five years, is pretty mild ? it's almost a rounding error.
appeals date due felt great jackson job judge late microsoft moved opening people process talked yesterday
Even people who don't like Microsoft we talked to late yesterday were shocked. They felt this could give Microsoft an opening in the appeals process to claim, 'We didn't get due process, this judge was too impetuous, he moved too quickly.' Considering how great a job Jackson has done, for him to give Microsoft an opening at this late date was a little surprising.
late microsoft people talked yesterday
Even people who don't like Microsoft we talked to late yesterday were shocked,
bubble close concerned economic fed full growth housing market occasions percent possible rare
We should have economic growth of more than 3 percent this quarter. I think the Fed is concerned about a possible housing bubble and about us getting close to full employment. I think this is one of the rare occasions were the market has it wrong.
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.
air consumers country election
If this election uncertainty drags on that long, you've got to think the air of uncertainty in the country will infect consumers and consumer spending.
hill hurt seemed
O'Neill's gaffs have hurt him. There aren't a lot of Republicans on the Hill who like him. But he seemed to have the president's confidence.
against budget departure impediment stimulus worried
O'Neill's departure removes an impediment for a big stimulus package, ... He had been lobbying against a package, worried about a budget deficit.
best conclusion job selling snow tough wall
My take is that they know they've got a tough selling job ahead, ... I think they have to sell it (the policies) to Wall Street, to the capital, and to the public. The administration's conclusion is that Snow isn't the best salesperson for the job.