Stanford Investment Group, Inc. Hosts Event Featuring Political Strategist, Greg Valliere

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On September 25, 2013, Stanford Investment Group, Inc. hosted an event featuring Greg Valliere, Chief Political Strategist for Potomac Research Group.

On September 25, 2013, Stanford Investment Group, Inc. hosted an event featuring Greg Valliere, Chief Political Strategist for Potomac Research Group. The event was held at the Los Altos History Museum.

Randy Rae, Senior Investment Analyst of Stanford Investment Group, introduced Greg Valliere to the audience and remarked, “The timing of today’s event is just about perfect with so much going on in Washington. Greg will be able to provide us with his views of Washington and his thoughts on what will happen in the near future.”

Greg Valliere has over 30 years of experience covering Washington DC for institutional investors. He focuses on how Congress and the White House shape fiscal policies and monitors the Federal Reserve Board’s interest rate policies. He is an exclusive commentator for CNBC, appearing regularly on network programs such as “Squawk Box”, “Power Lunch,” “The Closing Bell,” and “Kudlow & Company”. He also provides monthly commentary to Charles Schwab & Co.

Greg started off the evening discussing two topics, the Federal Reserve and the budget deficit, saying: "First, it is not an exaggeration to say that this is the most dovish Federal Reserve in our lifetime; it is exceptionally dovish on interest rate policy. Secondly, there has been a dramatic decline in the budget deficit. This is due to three main reasons: receipt growth, no new spending and real spending cuts by the government.” He went on to say, “We have a climate where we will continue to see the deficit fall for at least two to three more years.”

Greg then discussed what he considers to be the real crisis in Washington – the debt ceiling. “The Treasury announced that they will probably run out of money by October 17th. For the market this raises two concerns. First, even if there is a hint of the word “default”, the implications for global investors who view the U.S. as the ultimate safe haven would be devastating. I believe the chances for default are no better than 10%.” "The bigger concern to me is that we can have weeks of uncertainty and instability coming with the Treasury possibly being able to get grandma her social security check and being able to pay the troops in the short-term. But it’s possible, in early November, the Treasury will not have enough money to meet all obligations. This, to me, would create a lot of economic uncertainty, whether it’s on the part of business or consumers, or investors. This will become a headwind for the overall fragile economy.”

Mr. Valliere rounded out his talk discussing Syria, upcoming election candidates, and geopolitics. He then fielded questions from the audience.

Stanford Investment Group, Inc.’s investment, research, operational and client service professionals’ work together to provide a high-touch experience uniquely individualized to clients’ needs. For more information, visit the Stanford Investment Group, Inc. website at:

For more information on Greg Valliere, go to

Stanford Investment Group, Inc., an SEC Registered Investment Advisor and FINRA member Broker/Dealer, is not affiliated with Stanford University.

The views, opinions and/or materials presented at the September 25, 2013 presentation are solely those of the speaker, Greg Valliere, and do not necessarily reflect the views or policies of Stanford Investment Group, Inc.

Investing involves risk. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate.

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Natalie Kennedy
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