Word: sargen
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OPEC could yank the supply chain if fighting between Israelis and Palestinians escalates. "This is not a stretch," says Nicholas Sargen, chief global-market strategist at JP Morgan Private Bank. "As the violence picks up, the probability rises that OPEC could get involved again...
...OPEC could yank the supply chain if fighting between Israelis and Palestinians escalates. "This is not a stretch," says Nicholas Sargen, chief global-market strategist at JP Morgan Private Bank. "As the violence picks up, the probability rises that OPEC could get involved again...
...with fostering a buy-on-dips mentality that prevailed through the '90s. That mentality is in the process of getting crushed. We've moved from buying dips to just holding on. What comes next is "'Omigod, the stock market is risky,'" which is when people get out, says Nicholas Sargen, strategist at J.P. Morgan Private Client. That level of despair would probably signal a bottom. The theory is that when everyone has given up, there are no more sellers--only buyers...
Both moves were surprising on several counts. A rise in the prime usually follows an increase in the banks' cost of borrowing. But this time these expenses have remained relatively stable. Says Nicholas Sargen, an economist at Salomon Brothers: "We were scratching our heads over why they did it." The timing of the Brazilian loan action was equally puzzling. Since Feb. 20, when Brazilian President Jose Sarney declared his country would suspend interest payments on $68 billion of its foreign debt, observers wondered whether banks would have to reclassify their Brazilian loans. But since federal regulations do not require such...
Christin Theology and the Holographic Model: Explorations in Swedenborg's Religious Thought: Ecclesiology and Ethics, Rev. Dr. George F. Dole, Swedenborg School of Religion, 48 Sargen St., Newton...