This will have a bigger impact on the world's economy and a smaller impact on the financial system,

it will be a wonderful jumpstart to the park. Its going to be a tremendous boost to the citys economy. Were excited about it, and were committed to full development of the park.

We're in for another year of slow movement [in the stock market]. It increasingly will have an upward bias, but it won't go through the roof.

The stock market reaction, if they cut a quarter point, probably will be as much a yawn as anything else. If the Fed would go for half a point, which is within the realm of possibility, I think it would get a positive reaction.

I think it's likely for the time being that Brazil is going to try to move forward as it says it will on its fiscal program,

The likely consequence could be very messy elections at a time when the country is most fragile, ... The instincts to print money and spend in order to get the voters' favor will be infinitely increased, and the chances of hyperinflation would go up that much faster.