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Letter "G" » Greg Valliere Quotes
«I have argued with great futility that this entire argument is based on a flawed premise, ... If you use a more realistic GDP assumption, based on what we've seen over the past few decades, Social Security won't go bankrupt.»
«Politically this is very, very clever, ... It puts the White House on the defensive on the whole issue of job outsourcing. There could be some Republicans (in Congress) intrigued by this. But it's way too premature to assume it could be enacted.»
«I think sometimes after we have this type of party, there is a hangover -- and this comes in '05, ... The new Congress in '05 will make efforts to restrain growth. They may not rescind the tax cuts, but there will be spending restraint. But between now and then, it's just a party.»
«The combination of fiscal and monetary stimulus right now is the largest I've seen in years, ... It's good for GDP. If the economy starts to hum, stocks should do well.»
«O'Neill's departure removes an impediment for a big stimulus package, ... He had been lobbying against a package, worried about a budget deficit.»
«I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points (a half-percentage point), ... By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point.»
«I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points, ... By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point.»
«I think everyone knows it will start moving higher because of all the layoffs we've seen so that will probably just tell us what we already know,»
«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,»
«The big play from a regulatory standpoint has to be healthcare in general and the drug stocks in particular. If it looks like, around Halloween [Oct. 31], Bush is going to win, I think the drug stocks will do very well. If it looks like Gore is going to win, there could be cloud over the sector, ... Gore's rhetoric, starting at the convention in L.A. until now, has been quite anti-business for many industries and that has been troubling for many investors.»