[If so, it could only help stocks, which rise with cash flows, as we saw in the go-go 1990s.] You can't have go-go without flow-flow, ... It's always easy money that creates the speculative excesses in global booms. |
Bond yields could jump and then stock markets open down around the world. But, then people would say, 'I'd better be in bonds,' |
Forward earnings for small company stocks rose faster than bigger company ones last year, as they have for the past four years. |
I see a new merger deal announced every day, and M&A is one of the most profitable areas for investment banks. |
I'm actually very pleased to see they decided not to raise rates because it's really not justified by the performance of this economy, |
In the last year, I thought we'd get to 7,600, which looked like a pretty far-fetched forecast back then. Now I think we can get to 8,500 by year end. I think there is still potential for the market to move a lot. |
It's going to be very hard to find anybody on Wall Street who can complain about Bill Clinton with the kind of performance we've had in the stock market. |
Look for orders to rebound in May, reflecting broad-based recovery within the manufacturing sector. |
Now, I think you have to add an entire percentage point |
That could be bullish for the stock market if the household sector concludes that real estate is not the place for speculative gains any more. |
The average American's real income and consumption is the highest it's ever been. |
The economy has remained remarkably robust as energy costs have soared since early 2004. Gasoline now accounts for only 3 percent of total personal consumption spending, down from 5 percent in 1981. |
The economy's doing well, [and] Bill Clinton's in the White House. Hence, it follows that the administration must be good for the economy. But thinking back, I think the administration promoted all sorts of policies that if they were actually allowed to implement them, they probably would have screwed up the economy big time. |
The question is how much does Yamaichi own? |
The question is how much does Yamaichi own? |