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.
More Quotes from Christine Callies:
People aren't going to take any position ahead of the elections.Christine Callies
It really isn't a beauty contest between big-cap and small-cap stocks that the small caps eventually win,
Christine Callies
Tax cuts would probably flow directly into corporate profits. Companies are lean and mean today, compared with where they were ten years ago and if the economy is going to be stimulated by either tax cuts or new spending, I would prefer tax cuts. I would prefer the approach that is more profit friendly so I guess that means I don't prefer Al Gore's approach.
Christine Callies
Bad news can be good news for equities if the bad news causes the Fed to cut aggressively.
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
Sales volumes in the tech sector might be erratic... it's nothing serious, but just not as bullish as people would like,
Christine Callies
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I have the highest number of Social Security recipients of any Member of Congress, and it is always good to hear about how women in their districts are affected by any changes, by the need for changes in Social Security.
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Great wealth took possession of the government. It was reflected in Mr. Harding's selection of a cabinet.
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