Higher Quotations | Page 4

We're going to see a new, emerging period of higher long-term interest rates that are going to start now, and I believe they're going to carry on for some time.

Italians have always had a high savings rate. They love putting their money into their own government bonds - even more than in houses, stocks and gold. The higher rates climb, the happier they are to invest. So if austerity plans drive rates up, it's music to Italian ears.

The only difference between Providence and maybe somebody a little bit higher in the standings is the young kids. Providence is talented but they're young. Young teams make mistakes.

The potential for even higher energy prices is a risk to the economic outlook. The economy has digested the higher prices gracefully so far. But it can get a bit of indigestion if prices move higher.

The possibility for a non-benign solution to the dispute leaves open the risk for higher prices in the short term.

The persistence of high oil prices can't be lost on the Fed. Consumers have to pay for higher energy even though it's volatile. It is a real cost.

The perception is that somehow they're paper tigers, and they aren't. Everybody needs to hope the higher seeds hold on and win their tournaments. If Gonzaga had gotten beat the other night, that would have taken up one of the other spots.

The perception is if two products are side by side, with one labeled as chemical-free and one not, the chemical-free product will go for a higher price. The main reason Australia has implemented the use of biologicals as control agents is because of the very high market price for organic beef in the Japanese market,

We still saw growth last year even with higher oil prices. Countries have adjusted, with interest rates still low and structural reforms proceeding. Risk premiums continue to fall, making stock markets more attractive.

We're in a real fight here. We need to pick it up and play at a much higher level that we've been playing lately.