The uncertain outcome of the U.S. presidential race may delay a fourth-quarter recovery in share prices but should not eliminate it. We believe that potential buyers are waiting for a resolution before implementing their 2001 investment plans.
More Quotes from Christine Callies:
We doubt that the markets are going to take off here. I think we will need more evidence that in fact things are starting to turn.Christine Callies
Since the ability to refinance or restructure debt is one of the incremental drivers of a profit trough, the importance of this policy change cannot be overemphasized,
Christine Callies
People aren't going to take any position ahead of the elections.
Christine Callies
There's more gamesmanship in this profit-taking than actual concern. Money managers have now had three years of 20-plus percent equity returns. They know this is rare and they are cashing in.
Christine Callies
We don't see any indication that the Fed would have caused to start talking more tolerantly about monetary policy. And we don't think the bond market has any particular reason to go down to lower yield levels.
Christine Callies
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Jack Welch
But the reporter has the responsibility to determine, number one, whether that is true, and number two, to make a judgment as to whether it's in the public interest and whether or not it should be part of the debate.
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The guy comes up to the plate, there's always a chance where he can get a grand slam and everybody forgets about all the times he missed.
Brian McKnight