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January 18, 2013 – Quote of the Day

“I’m afraid there are going to be ashes in my stocking this year,” said Bill Gross of bond giant PIMCO, about his expectation of poor return for bond funds this year.

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January 17, 2013 – Quote of the Day

“If we’re in a bubble, then we’ll act bubbly,” said legendary hedge fund manager, David Tepper.

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January 15, 2013 – Quote of the Day

“When the environment gets really complex, investors tend to rely on superstition to help make investment decisions,” said Jeffrey Kleintop, chief market strategist at LPL Financial.

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January 14, 2013 – Quote of the Day

“The Fed has created a situation where there is no effective alternative to common stocks,” Said Leon Cooperman of hedge fund Omega Advisers.

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January 11, 2013 – Quote of the Day

“Giving some countries the Internet is like giving a cannibal an AK-47 assault rifle. No good will come of it,” said John C. Dvorak, editor of PC Magazine.

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January 10, 2013 – Quote of the Day

Quote of the Day “The rule of thumb is to do your homework, do your analysis, don’t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,” saidMarc Chandler, the global head of currency strategy at Brown Brothers Harriman.

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January 9, 2013 – Quote of the Day

“My future is behind me,” said Vice President, Lyndon Banes Johnson, to an aide on the flight down to Dallas, Texas on November 20, 1963.

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January 4, 2013 – Quote of the Day

Quote of the Day “If You’ve lived long enough on Wall Street, you know that we shoot out wounded and eat our young,” said Brad Hintz, an analyst with Sandford Bernstein.

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January 2, 2013 — Quote of the Day

We have been pretending that we’re too big to fail. We’re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It’s the sudden stop at the end that tells you you’re not.” said Tom Friedman, New York Times columnist and author of […]

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September 27, 2012 — Quote of the Day.

“It’s an ugly contest; do you want the dollar, the euro, or the yen,” said hedge fund legend, Ray Dalio of Bridgewater Associates.

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September 26, 2012 — Quote of the Day.

“The nice thing about gold is that it has no PE multiple. Because it earns and yields nothing, gold is a speculation on the systematic debasement of currencies by central banks,” said Jim Grant of Grant’s Interest Rate Observer.

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September 24, 2012 — Quote of the Day

“There’s no exit. I think it’s more likely that the Fed buys all the Treasury bonds that exist than to work the opposite direction and start selling them. I have no concept of what the Fed exit strategy is going to look like. It’s way out in the future,” said Jeffrey Gundlach, CEO of fixed […]

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September 21, 2012 — Quote of the Day

“It’s all artificial stimulation. The market wouldn’t be here without quantitative easing,” said a NYSE floor trader.  

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September 20, 2012 — Quote of the Day.

“The reality is that the iPhone 5 is going to do more for the economy than QE3,” said Kevin Warsh, a former Federal Reserve governor.  

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September 19, 2012 — Quote of the Day

“The old yardsticks don’t seem to be working anymore,” said Art Cashin, a strategist at UBS.  

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