People are afraid of what could come out politically.
More Quotes from John Carioba:
Nobody wants government paper, here or abroad. The basic reason for that is the 'Lula is coming' panic, which brings other consequences such as speculation and liquidity problems.John Carioba
On top of all the problems we have here with the energy crisis and Argentina and the dollar ... being very volatile, you have the Nasdaq and Dow Jones going down.
John Carioba
Things were bad. The drop on Wall Street forced more investors to sell shares here ahead of Monday's options expiry.
John Carioba
We're in hard times with low volume. In the short term there's no reason it will get any better.
John Carioba
The restructuring is expected to benefit CSN more than anyone else.
John Carioba
Even when Argentina gets things right in the short term, investors worry about the problems still to come.
John Carioba
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The nice thing about quotes is that they give us a nodding acquaintance with the originator which is often socially impressive.
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