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February 12, 2014 – Quote of the Day

“China is still the 800 pound gorilla. Maybe it’s no longer going to grow at 10%, but it’s still going to grow at a faster rate than Europe or the US,” said Edwin Rodriguez Jr., the biggest fianncial advisor in Louisiana, with $2.8 billion in assets.

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February 11, 2014 – Quote of the Day

“We underestimated the negative impact of the slowdown in the housing market, and we may be underestimating the tail wind in its recovery,” said Uwe Mark Ruttke of Merrill Lynch, the top financial advisor in Colorado.

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February 10, 2014 – Quote of the Day

“The stock market is one of those things that looks better the more expensive it gets,” said Barbara Marcin, portfolio manager of the Gabelli Dividend Growth Fund.

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February 7, 2014 – Quote of the Day

“It used to be that the big ate the small. Now it’s the fast that eat the slow,” said business guru, Jason Jennings.

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February 6, 2014 – Quote of the Day

“The elephant in the room is the upward momentum of the US economy, and it is pretty good,” said Jim Paulson of Wells Capital Management.

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February 5, 2014 – Quote of the Day

“The market always gets it right,” said Jim O’Neill, the chairman of Goldman Sachs International, who coined the term “BRIC”.

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February 4, 2014 – Quote of the Day

“Volatility will be our traveling companion for a while,” said one strategist.

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February 3, 2014 – Quote of the Day

“If you are going to be bearish and against this market, you are betting against the three richest men on the earth, Bernanke, Draghi, and Kuroda,” said market strategist, Ed Yardeni.

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January 31, 2014 – Quote of the Day

“Thinking is the hardest work there is, which is probably why so few engage in it,” said entrepreneur Henry Ford.

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January 30, 2014 – Quote of the Day

I can tell you from talking to institutions that, after 14 years of having their hearts broken by the stock market, they are still leery of stocks even with the recent rally,” said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.

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January 29, 2014 – Quote of the Day

“Taxes are what we pay for a civilized society,” said Oliver Wendell Holmes, a Supreme Court justice servicing at the time of the enactment of the tax code in 1913. The slogan is inscribed in huge letters on the face of the IRS headquarters in Washington DC.

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January 28, 2013 – Quote of the Day

“When a crisis hits, the correlation of everything goes to one,” said Boris Schlossberg, of BK Asset Management.

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January 27, 2014 – Quote of the Day

Steve Jobs offered me one third of Apple for $50,000 and I was so smart that I turned it down. It’s funny when you think about it now, except when I’m crying,” said Nolan Bushnell, the founder of game company Atari and Jobs’ first employer.

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January 24, 2014 – Quote of the Day

“You are going to do really well this year ignoring the noise and thinking about the long term fundamentals,” said Rob Secham of UBS Private Wealth Management.

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January 23, 2014 – Quote of the Day

“The dirty little secret in Washington is that the biggest doves wear uniforms. They have seen wars and they have seen consequences. They have also been sent into conflict and then seen political support evaporate. We need to be a lot more careful when deploying our military forces,” said former Secretary of Defense, Robert Gates.

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