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February 26, 2014 – Quote of the Day

“Bull markets go everywhere from 1-2 years to five years after the Fed begins tightening. We’ve got a long way to go before we have to worry about bonds competing against stocks,” said Professor Jeremy Siegel of the Wharton School of Business

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February 25, 2013 – Quote of the Day

“Over the long term, all of the fiat currencies of the world are involved in a competitive devaluation. The structural stresses in most of the western economies are such that centrals banks will attempt to continue to substitute liquidity for solvency.” said Rick Rule, chairman of Sprott US Holdings, a precious metals specialist.

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February 22, 2013 – Quote of the Day

“Changes in consumption stemming from per capita income rises from $1,000 a year to $5,000, as you are seeing in India, or $5,000 to $10,000, as you are seeing in China, is a very different kind of consumption. It is much more commodities heavy, it is food heavy, it draws a lot more on water […]

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February 21, 2013 – Quote of the Day

“There is no such thing as a “Norm” anymore,” said Irwin Simon, CEO of Hain Celestial.

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February 20, 2013 – Quote of the Day

Favorite headline of the day: “Greece Offers to Pay Back Debt With Giant Horse.”

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February 19, 2013 – Quote of the Day

“The earth has been playing in heavy traffic for 4 billion years now, said Jeffrey Klugger, science editor of Time Magazine

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February 15, 2013 – Quote of the Day

“You can’t keep on firing people. We’ve gotten so mean and so lean that you naturally get to the point where there are fewer people to let go,” said Steve Ricchiuto, chief economist at Mizuho Securities.

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February 14, 2013 – Quote of the Day

“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.

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February 13, 2013 – Quote of the Day

“The journey is the reward,” said the late Apple founder, Steve Jobs.

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February 11, 2013 – Quote of the Day

“Apple will never be a consumer products company,” said John Sculley, the Apple CEO who fired Steve Jobs in 1985. Today Apple is the world’s largest and most profitable consumer products company.

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February 8, 2013 – Quote of the Day

“Oh wow, Oh wow, Oh wow!” Were the last words of Apple founder, Steve Jobs.

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February 7, 2013 – Quote of the Day

“The next big story in credit is going to come from Asia and that will be in Japan,” said Tres Knippa of Kenai Capital Management.

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February 6, 2013 – Quote of the Day

You’ve already seen Greek bonds fall by 90%. The dominoes in Europe will fall. There’s no way around it. Imagine a group of countries that have been fighting for 200 years suddenly ceding their sovereignty to Germany, or to some other higher authority,” said Kyle Bass of hedge fund Hayman Capital Management.

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February 5, 2013 – Quote of the Day

“I look at the Fed and think we’re partying like its New Year’s Eve, 1999. We’re drinking booze, and taking tequila shots. They have the pedal pressed so far down, I know it’s going to end badly. When rates go higher, they are going to go so much higher than people anticipate that there will […]

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February 4, 2013 – Quote of the Day

“The January effect has been supercharged this year and needs to be checked for doping,” said Sandy Lincoln from BMO Asset Management.

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