?The money pouring out of the emerging markets is not bad for the US. We are the oasis in this situation,? said strategist Louis Navellier, of Navellier Associates.
?It?s not overly frightening to have the Fed move away from massive accommodation. I think the market may struggle, but it is not a death blow,?
said James Paulson, chief investment strategist at Wells Fargo Asset Management.
?The lack of complacency is at odds with the view that the market has peaked?peaks are turned in when every last bear has thrown in the towel, and the bulls are screaming to buy from the roof tops,? said David A. Rosenberg, of research boutique Gluskin Sheff.
?Take 200 round trips to Australia, and you really start to rack up the miles,? said Tom Stoker an automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seem puny by comparison.
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?I keep six honest serving men. (They taught me all I knew); Their names are What and Why and When and How and Where and Who.? said the writer, Rudyard Kipling.
?If they don?t screw things up in Washington, stocks here are undervalued. If they do, then stocks are overvalued,? said hedge fund manager, David Tepper, of Appaloosa Management.
?If you can?t make yourself loved, make yourself feared,? said Meyer Amschel Rothschild, founder of the banking dynasty.
?For several decades on Wall Street, the short term sensibility has been encouraged and compensated very highly,? said Michael Lewis, author of ?The Big Short.?
?It?s a manic depressive economy. Every other month we decide we might be in a recession,? said Kevin Hassett of the American Enterprise Institute.
?This goes down as a cycle that is short on respect, but long on resiliency,? said economist, David Rosenberg.
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