You are correct. Sorry Ellen.
NEW YORK, Dec 4 (Reuters) - Following are comments from Wall Street analysts and financial experts after the U.S. Supreme Court said it had set aside ruling on hand counted Florida votes, saying the case should be sent back to the Florida supreme court for further proceedings.
JEREMY FAND, CHIEF FOREX STRATEGIST, UBS WARBURG, STAMFORD, CT:
"The Supreme Court ruling is one more nail in the coffin of (Democratic Vice President) Al Gore. Its not an absolute defeat, but its going to chew up more time, because the electors have to be chosen next week. It is good news for Bush, which means good news for equity markets and the dollar. Truthfully, its a lot of story for very little impact, because the market is not interested in the elections story anymore, because it is looking more at the economic growth prospects for the U.S."
JOHN ROBERTS, HEAD OF GOVERNMENT BOND TRADING AT BARCLAYS CAPITAL, NEW YORK:
"The U.S. Supreme Court basically I think has overturned the decision of the Florida court extending the count deadline. That is how the market is reading it. Initially, it looks like a big win for Bush. This is positive for Bush, negative for the bond market, positive for the stock market. But the 10-year note was off 2/32, It's really no big deal and we have a Florida ruling coming out in the next hour or so as well. Everyone is trying to see what it means."
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