Government bonds many investors like because they are the 100 percent safe investment. You never call an investment guaranteed, but if the U.S. government doesn't pay off its bonds, that's gonna be the least of our worries.
More Quotes from Mary Farrell:
I knew that in the past that these financial panics had often triggered far worse consequences. I was actually less concerned about the market than the potential for collapse of the world financial system.Mary Farrell
Going forward from here, I wouldn't expect the kind of sharp gains we've seen in the past 12 months or the last two to three years,
Mary Farrell
The last two days no one wanted tech they wanted the Dow. Today they want tech. I think it's very characteristic of this volatility in the market. Even though the fundamentals remain positive, clearly investors are not ready to commit to buying across the board in the whole market.
Mary Farrell
We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged.
Mary Farrell
They have every reason to be optimistic, in that the market has delivered incredibly in the last three years.
Mary Farrell
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I have come to the conclusion that politics are too serious a matter to be left to the politicians.
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