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September 1, 2014 – Quote of the Day

“The Fed can print dollars, but it can’t print confidence,” said David Bianco, chief equity strategist at Bank of America Merrill Lynch.

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August 29, 2014 – Quote of the Day

“Outsourcing is quickly becoming mostly outdated as a business model,” said GE CEO, Jeffrey Immelt.

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August 28, 2014 – Quote of the Day

“It doesn’t take Herculean assumptions to get to $125 for S&P 500 earnings this year. Slap a 16 multiple on that, and you get 2,000 for the index,” said Brian Jacobson of Wells Fargo Advantage Partners.

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August 27, 2014 – Quote of the Day

“Financial repression seems to be working. The Fed is pushing everyone into riskier assts. Stocks are the obvious place for that, and it’s driving valuations ever higher,” said Curt Custard, of UBS Asset Management.

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August 26, 2014 – Quote of the Day

“I think you’re begging to see a tectonic shift towards the dollar,” said Boris Schlossberg of BK Asset Management.

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August 25, 2014 – Quote of the Day

“The speed of change has accelerated tremendously. What used to happen in three years now happens in three months,” said my friend, Hewlett Packard CEO, Meg Whitman.

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August 22, 2014 – Quote of the Day

“Below zero interest rates in the European Community is a game changer,” said Robert Michelle, head of fixed income at JP Morgan Asset Management.

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August 21, 2014 – Quote of the Day

If you can get a dividend higher than the yield on ten-year debt, it’s an opportunity we haven’t seen in our lifetime. On a five-year horizon, investing in large multinationals with high dividends will have a large payday,” said Lawrence Fink, CEO of BlackRock.

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August 20, 2014 – Quote of the Day

“Everything is expensive now. Worries about the future can cause safe assets to become highly priced….I call it the “Titanic Effect.” When the Titanic was going down, people would pay a fortune for anything that floats. We may be in a Titanic situation now,” said my buddy, Nobel Prize winner Robert Shiller.

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August 19, 2014 – Quote of the Day

“Half of the global economy is in recession. Euroland is, Russia certainly is, and all of South America is. Add them all up, and North America is the only decent 2.5% growth area in the world. Rates are going down, not only because of the absence of global growth, but because inflation is very, very […]

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August 18, 2014 – Quote of the Day

“The government is now the biggest impediment to economic growth,” said my old friend, Steve Rattner, of the Quandrangle Group.

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August 15, 2014 – Quote of the Day

“If a cop follows you for 500 miles, you’re going to get a ticket,” said Oracle of Omaha Warren Buffet, in reference to Bank of America’s many legal problems.

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August 14, 2014 – Quote of the Day

“The Obamacare website, had technical issues all week because of too much web traffic. You can’t campaign on the fact that millions don’t have health care and then be surprised that millions don’t have health care. How could you not be ready? That’s like 1-800-FLOWERS getting caught off guard by Valentine’s Day,” said a comedian […]

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August 13, 2014 – Quote of the day

“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion dollar market opportunities. Here, we’re seeing a trillion dollar opportunity.” said venture capitalist Steve Jurvetson.

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August 12, 2014 – Quote of the Day

“If they don’t screw things up in Washington, stocks here are undervalued. If they do, then stocks are overvalued,” said hedge fund manager, David Tepper, of Appaloosa Management.

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