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1. Boockvar: Bad news is no news, which is good news
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"The market knows the economy is in very difficult condition right now." Peter Boockvar, equity strategist at Miller Tabak, tells Andrew O'Day "whether it's vehicle sales or payrolls last month, it's become expected to see negative news." Boockvar says today's losses are not related to economic ne
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public date: Mon, 05 Jan 2009 12:51:53 EST - (Type: MP3)
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2. Pavlik predicts 20% gains in 2009
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Hang on to your helmets and padding. Robert Pavlik of Oaktree Asset Management expects the first half of '09 to be rough on stocks. But he says investors who hang in there will be rewarded. "Right now we're projecting at least a 20% increase in the S&P 500," Pavlik says. "On a relative term, it's st
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public date: Tue, 30 Dec 2008 11:40:16 EST - (Type: MP3)
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3. Pado: Hopes for a spring thaw
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After a punishing 2008, Marc Pado of Cantor Fitzgerald thinks Wall Street will spend the first three months of 2009, stuck in place. "And that's not a bad thing. We sometimes lose sight of the fact that what we need to do after trending down for over a year is to stabilize the markets, and once we s
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public date: Mon, 29 Dec 2008 12:06:00 EST - (Type: MP3)
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4. Mendelsohn: Don't "diss" the lump of coal
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"Oil, natural gas, gold -- anything you drop on your foot and it hurts -- I think there is a lot of potential in that area." Paul Mendelsohn, chief investment strategist at Wyndham Financial Services, tells Andrew O'Day commodities are the way to play the soon-coming return of inflation. "As every
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public date: Fri, 26 Dec 2008 13:22:16 EST - (Type: MP3)
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5. Nolte: Wall Street open only for appearances
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"Monday and Tuesday will probably be the big two trading days of next week, and then they'll pretty well shut it down for the rest of the year." Paul Nolte, director of investments at Hinsdale Associates, tells Andrew O'Day today's economic news "has been O.K. to slightly worse than expected, and y
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public date: Wed, 24 Dec 2008 12:18:41 EST - (Type: MP3)
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6. Cardillo: Forget the rally. Santa drove away in a Chevy
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"The end-of-year rally, Santa Claus rally -- or whatever you want to label it as -- was cut short last week," says Market Economist Peter Cardillo at Avalon Partners. "A lot of that had to with the fact we're still seeing turmoil in the auto sector." Cardillo tells Andrew O'Day that despite the sl
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public date: Tue, 23 Dec 2008 12:19:51 EST - (Type: MP3)
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7. Rappaport: If Toyota is losing, everybody is losing
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"If Toyota is going to keep having trouble, and they're talking about laying off workers and cutting back sales, how are the domestic automakers going to stay afloat?" Wealth Manager Craig Rappaport with Janney Montgomery Scott says that question is a big part of what's throwing Wall Street into re
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public date: Mon, 22 Dec 2008 13:05:05 EST - (Type: MP3)
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8. Farr: Keep your seatbelt fastened. There's still more turbulence ahead
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"The economic backdrop isn't any better," says Michael Farr, president of Farr Miller & Washington, "and we're probably going to be in this sort of difficult market into the springtime." Farr describes the administration's auto industry rescue as a punt, and as for the downgrade of eleven financial
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public date: Fri, 19 Dec 2008 13:01:28 EST - (Type: MP3)
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9. Jim Paulsen says a lack of market volatility is a welcome sight
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"There is a reason the S&P is no longer at 750 like it was a month and a half ago. We are starting to feel a little better." That's what Jim Paulsen, chief investment strategist at Wells Capital Management tells Andrew O'Day. Paulsen says "the market is still digesting the Fed's new approach to t
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public date: Thu, 18 Dec 2008 11:27:34 EST - (Type: MP3)
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10. Lieberman: Rate cut champagne has gone flat, but more bubbly is on the way
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If we think we can't get worse, we're not thinking creatively enough. We can always get worse. That is according to Chuck Lieberman, chief investment officer at Advisors Capital Management. However, Lieberman tells Andrew O'Day the situation for the market and the economy probably will improve as
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public date: Wed, 17 Dec 2008 13:00:35 EST - (Type: MP3)
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