What's happened over the past several years is that mutual fund managers have gotten a new mandate. They have to be nearly fully invested.
More Quotes from Bill Rhodes:
The rule of thumb is fairly simple. If the market believes the cost of conflict is going to rise in terms of blood and treasure, it's going to discount that and sell off. If it believes the cost of conflict is going to fall, the market is going to discount that and rise. It's really that simple.Bill Rhodes
If you break out tech stocks, the broader stock market hasn't done much of anything since 1998, so I think we're getting ready for a move here. It doesn't look like interest rates are going a lot higher.
Bill Rhodes
This will allow the country, both the government and the private sector, to begin the process of reintegrating itself into the international financial markets.
Bill Rhodes
Bob, Harry and Tim are seasoned leaders who will strengthen our team for the future. I am pleased with our management's efforts thus far, and our team is excited about driving forward into 2006.
Bill Rhodes
You can sort of think of it as a tide going out. Gold isn't affected by the tide, because it isn't a fiat currency. So when the value of currencies drops, it emerges as a big rock.
Bill Rhodes
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Victor Hugo
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Ethan Embry
Even in my really bad, drugged-out days, I didn't go away. I still toured, still did interviews. I never gave up the fight. That's why I'm who I am today, because I didn't leave. And I think I made the right choice.
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