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February 19, 2014 – Quote of the Day

“When you look at the size of the US work force over the next 30 years, it is going to increase by 30%. That compares to Japan, where it is going to be shrinking, Europe, where it is contracting, and even China, where it turns down. The idea that the baby boomers are going to […]

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February 18, 2014 – Quote of the Day

“Nobody knew it was August, 1982 until it was August, 1984,” said Chris Verone, head of technical analysis at research boutique Strategas.

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February 14, 2014 – Quote of the Day

“Risk control is the best route to loss avoidance. Risk avoidance, on the other hand, is likely to lead to return avoidance as well, said Howard Marks, founder of distressed debt giant, Oaktree Capital Management.

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February 13, 2014 – Quote of the Day

“Economic forecasting exists to make astrologers look good,” said for Secretary of Labor, Robert Reich.

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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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