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June 12, 2012 – Quote of the Day

“At some point in 2012, knuckles are going to be turning white, and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat”, said David Rosenberg of Gluskin, Sheff in Associates

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June 11, 2012 – Quote of the Day

“If there were no way to short stocks, the probability of stock market bubbles would be much greater,” said hedge fund manager, Bill Ackman, of Pershing Square.

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June 8, 2012 – Quote of the Day

“Public sentiment is everything,” said Abraham Lincoln.

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June 7, 2012 – Quote of the Day

“China has more dry gunpowder than just about anyone in the world. But it now looks like the soft landing is turning into a hard landing,” said John Brynjolfson, managing director of hedge fund Armored Wolf.

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June 6, 2012 – Quote of the Day

“Here come the helicopters once again,” said Austan Goolsbee, former chairman of the council of economic advisors.

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June 5, 2012 – Quote of the Day

“From day one the euro has not really worked. The problem is that it is creating a huge degree of lack of competitiveness because their culture is different,” said former Federal Reserve chairman, Alan Greenspan.

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June 4, 2012 – Quote of the Day

“I will believe that corporations are people only when the states of Texas and Alabama start executing them,” said former Secretary of Labor, Robert Reich.

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June 1, 2012 – Quote of the Day

“If there is no monetary stimulus and no fiscal stimulus, obviously we are going to continue to grow slowly. We could be in secularly slow growth for decades,” said Harvard economics professor, Ken Rogoff.    

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May 31, 2012 – Quote of the Day

“What’s going on with Facebook? We had better IPO standards when Don Draper was on the scene,” said Sallie Krawcheck, former head of wealth management at Merrill Lynch.

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May 30, 2012 – Quote of the Day

“A lot of new economics involves the reading of a lot of old books,” said Nobel Prize winning economist Paul Krugman.

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May 29, 2012 – Quote of the Day

“Europe has been diagnosed with cancer and they are attempting to treat it with massage, yoga, and carrot juice. If they go into recession, that affects us,” said Michael Farr of Farr, Miller, & Washington.

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May 25, 2012 – Quote of the Day

“I would love it if they only allowed me and a whole bunch of psychotic drunks to trade in stocks. I would get very rich,” said Oracle of Omaha, Warren Buffett, about the European debt crisis.

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May 24, 2012 – Quote of the Day

“Green pictures of dead presidents suddenly have a lot of appeal,” said Art Cashin of UBS Securities.

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May 23, 2012 – Quote of the Day

“Transparency is a good idea. Like my shower door, it lets in the light, but keeps out the flies,” said former Federal Reserve governor, Bob McTeer.

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May 22, 2012 – Quote of the Day

In 1933, a supporter told Franklin Delano Roosevelt that if the New Deal succeeded, he would be remembered as the greatest president in history. He replied, “If I fail, I will be remembered as the last US president.”

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