If you look at who gets a competitive advantage -- companies like Coca-Cola, Pepsi, Procter Gamble, Gillette -- the big global companies certainly are positioned very well to not have an impact from this interest rate increase. Primarily overseas is their growth market so any slowing here won't affect them.
More Quotes from Mary Farrell:
What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries very high debt, currency problems, economic problems. It may take a while for these to play out.Mary Farrell
We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged.
Mary Farrell
Most people will go through high school and not touch that kind of score. And he was no slouch on the other parts of the test.
Mary Farrell
It's a great thing to have on your rsum when you're looking for colleges.
Mary Farrell
There's been so much negative publicity about the Federal Reserve not doing enough in time that I think people's confidence was deteriorating.
Mary Farrell
Inflation is tame. Economic growth continues. Earnings are great. It really doesn't get any better than this, ... The one problem in the market is valuation, which has gotten pretty high.
Mary Farrell
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