August 8, 2014
“I don’t want to go from wild turkey to cold turkey.” – Richard Fisher, Dallas Fed President, referring to the…
August 1, 2014
“It’s funny. All you have to do is say something nobody understands and they’ll do practically anything you want them…
July 25, 2014
“If the only reason you find for doing something is because others are doing it then that’s not good enough.”…
July 18, 2014
“People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can…
July 11, 2014
“Watching neighbors get rich at the end of a bubble while you sit it out patiently is pure torture.” –…
July 4, 2014
“That is going to be a huge challenge, to which I don’t have a great answer.” – Janet Yellen, referring…
June 27, 2014
“This environment is one that naturally encourages investors to use borrowed money to increase their exposure to risk…they will ‘ride…
June 20, 2014
“In their efforts to promote growth and jobs, central banks are trading the possibility of immediate economic gains for a…
June 13, 2014
“We learn from history that we do not learn from history.” – Georg Wilhelm Friedrich Hegel (courtesy of John Hussman…
June 6, 2014
“I don’t expect the consensus to be right, I’m just surprised by how wrong it has been.” – Fixed-income specialist…