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October 24, 2012 — Quote of the Day.

“The one bright spot during the quarter was that cyanide demand was up,” said Dow Chemical (DOW) in its recent earnings report, according to Reuters News.  

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October 23, 2012 — Quote of the Day.

“You now have someone who is the head of the Federal Reserve and the European Central Bank, Ben Bernanke and Mario Draghi, who are stars. It is like having Babe Ruth and Lou Gehrig on your baseball team. They are committed to avoiding a Depression,” said hedge fund legend Ron Baron, chairman of Baron Capital. […]

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October 22, 2012 — 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 U.S. Holdings, a precious metals specialist.

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October 19, 2012 — Quote of the Day.

“It’s been a disaster for anyone trying to trade momentum in the euro. More money has been buried in the currency graveyard over the past month-and-a-half from people trying to trade the euro one way or the other than any other trade,” said Boris Schlossberg of BK Asset Management.

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October 18, 2012 — Quote of the Day.

“The U.S. housing market is played out. It’s not going to go up, but it’s not going down either. Everyone who has ever thought about buying a house has already bought a house. You still have to flush the shadow inventory, which is still pretty high,” said Kyle Bass of hedge fund Hayman Capital Management. […]

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October 17, 2012 — Quote of the Day.

“The market absolutely loves postponed apocalyptic scenarios,” said Ed Yardeni of Yardeni Research.  

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October 16, 2012 — Quote of the Day.

“I would say that you’ve had a generation’s worth of experience in the last five years,” said Morgan Stanley large cap bank analyst, Betsy Grasek.

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October 15, 2012 — Quote of the Day.

“Hello, 911? There is an old man beating a child on my TV,” said comedian Bill Maher about the vice presidential debate.

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October 12, 2012 — Quote of the Day.

“The fiscal cliff is not going to happen. Sequestration never works because politicians are in charge,” said Kyle Bass of hedge fund Hayman Capital Management.  

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October 11, 2012 — Quote of the Day.

“Going into yearend you not only have performance risk, you have bonus risk, and ultimately job risk,” said Jeffrey Saut of Raymond James.  

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October 10, 2012 — Quote of the Day.

“I would caution anyone who is booking a funeral home for the final passage of the Apple story,” said hedge fund manager, Josh Brown

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October 9, 2012 — Quote of the Day.

“The planets are aligning for a huge Christmas quarter for Apple. If the supply constraints come off, we could see 240-250 million units of the iPhone 5 sold in fiscal 2013,” said David Rolfe, chief investment officer at Wedgewood Partners.  

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October 5, 2012 — 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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October 4, 2012 — Quote of the Day.

“U.S. equities have been strong this year because the fundamentals of U.S. business, technology, innovation, improving productivity, are enough to justify most of the gains we have seen”, said Jim McCaughan, president of global asset management for Principal Financial Group.  

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October 3, 2012 — Quote of the Day.

“The word is now that they are going to keep their foot on the accelerator well into the recovery. Not only are they wishing for high inflation, they are targeting high inflation,” said my friend Mohamed El-Erian, CEO of bond giant PIMCO.

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