21.   But after that, said Ned Riley Jr., chief investment officer at BankBoston, this pressure on stocks may subside.

22.   Businesses and corporate profits suffered, said Ned Riley, chief investment strategist for State Street Global Advisors.

23.   But David Bowers, global chief investment strategist at Merrill Lynch, says it is not yet time to favor foreign stocks.

24.   But as Edward Kerschner, chief investment strategist at PaineWebber, points out, there is a big difference between information and knowledge.

25.   But Gregg Smith, chief investment strategist at Prudential Securities, said that financial markets were not expecting concrete reforms from Brazil in the next few weeks.

26.   But Robert Bissell, chief investment officer at Wells Fargo Bank, said he does not expect a flood of money to come into funds in January.

27.   But Riley, chief investment strategist at State Street Global Advisors, sees a possible silver lining.

28.   But this year, the magic could wear off, said Edward Riley, chief investment officer at the Private Bank, part of the Bank of Boston.

29.   But Timothy J. Morris, chief investment officer of Bessemer Trust in New York, argues that this market split makes sense.

30.   But Uri Landesman, chief investment officer of AFA Management Partners, said he doubts the deal will happen.