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May 15, 2012 – Quote of the Day

“I view Euro as a doomsday machine,” said a European economics professor.

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May 14, 2012 – Quote of the Day

“Republicans and Democrats won’t engage in any kind of austerity because there is no consequence for the fiscal profligacy they are allowing today. With the Fed taking 60% of the Treasury’s bond issuance they are pulling the policeman off of the freeway so everyone can keep speeding. Until the bond market moves, you are not […]

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May 11, 2012 – Quote of the Day

“A rich guy never has to pay for anything”, said Berkshire Hathaway’s Warren Buffett, about his friends’ practice of giving him free ties to replace his old, battered ones.

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May 10, 2012 – Quote of the Day

“The policies that we followed since the great crash of 2008 have been pretty darn good. It would be nicer if GDP were galloping at 4% or 5%. But we have had a complete resuscitation of the banking system. We’ve had the economy come back in a very significant way in all cases, except residential […]

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May 9, 2012 – Quote of the Day

“It’s not the end of the world, but it will be one messy process,” said Oracle of Omaha, Warren Buffett, about the European debt crisis.

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May 8, 2012 – Quote of the Day

“Regulation is complicated and annoying, but it is civilization,” said Yale professor, Robert Shiller.

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May 7, 2012 – Quote of the Day

Bank of America is out of control, yet they’ll never do any time or go out of business, because the government remains creepily committed to their survival, like overindulgent parents who refuse to believe their 40-year-old live at home son could possibly be responsible for those dead hookers in the back yard,” said Matt Taibbi, […]

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May 4, 2012 – Quote of the Day

Business people will know better than anyone that the pop in spending won’t last,” said John Taylor, an economics professor at Stanford University.

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May 3, 2012 – Quote of the Day

“Isn’t it funny when you walk into an investment firm, and you see all of the financial advisors watching CNBC? That gives me the same feeling of confidence I would have if I walked into the Mayo Clinic or Sloan Kettering and all of the doctors were watching the TV soap opera General Hospital,” said […]

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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 2, 2012 – Quote of the Day

“If you want to succeed, double your failure rate,” said Thomas Watson, the CEO who built IBM into a global force from the twenties to the fifties. He also said, “I think there is a world market for maybe five computers.”

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May 1, 2012 – Quote of the Day

“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.

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April 30, 2012 – Quote of the Day

“At some point in 2011, 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 & Associates

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April 27, 2012 – Quote of the Day

“This year is going to be about chasing pennies and nickels in the bond market. Volatility is going to be very low. I expect the ten year bond to end up at a 2% yield,” said Mike Pond, co-head of US interest rate policy at Barclays Bank.

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April 26, 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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