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February 6, 2013 – Quote of the Day

You’ve already seen Greek bonds fall by 90%. The dominoes in Europe will fall. There’s no way around it. Imagine a group of countries that have been fighting for 200 years suddenly ceding their sovereignty to Germany, or to some other higher authority,” said Kyle Bass of hedge fund Hayman Capital Management.

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February 5, 2013 – Quote of the Day

“I look at the Fed and think we’re partying like its New Year’s Eve, 1999. We’re drinking booze, and taking tequila shots. They have the pedal pressed so far down, I know it’s going to end badly. When rates go higher, they are going to go so much higher than people anticipate that there will […]

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February 4, 2013 – Quote of the Day

“The January effect has been supercharged this year and needs to be checked for doping,” said Sandy Lincoln from BMO Asset Management.

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February 1, 2013 – Quote of the Day

“People are investing with a rear view mirror. Last year, you had people legitimately scared out of the market. Unfortunately, you are losing a generation of investors at a time when they ought to be thinking about buying high quality stocks,” said Hersh Cohen of Clearbridge Advisors.

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January 31, 2013 – Quote of the Day

I don’t know that the retail investor matters anymore. They didn’t come back to the market after the 2000 crash. The idea that the individual investor believes in the stock market now is challenged. We have a market that is increasingly institutional investors trading back and forth with each other”, said Dan Greenhouse, chief global […]

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January 30, 2013 – Quote of the Day

“China has been doing everything right for the last ten years. Our government is made up of ‘C’ students that were political science majors, whereas, the Chinese government is made up of PhD’s that were educated at Cambridge and Harvard,’ said one Washington observer.

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January 29, 2013 – Quote of the Day

“Let us follow the wisdom of Joseph—pay down our debts and store up reserves against the leaner times that will surely come,” said California governor and former seminary student, Jerry Brown, quoting from the Old Testament.

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January 28, 2013 – Quote of the Day

“Anyone buying long term fixed income assets right here needs to have their head examined. You’ve got the 30-year yielding 3%, the 10-year yielding 1.8%, and triple “A” five-year corporates yielding less than 1%. When yields start to go up your capital is going to get obliterated,” said Steve Massocca of Wedbush Securities.

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January 24, 2013 – Quote of the Day

“There is a better chance that hockey is banned in Thunder Bay, Ontario, than the USA seeing a sustained 4% GDP growth rate when oil is above $100/barrel,” said Keith R. McCullough, CEO of Hedgeye Risk Management.

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January 23, 2013 – Quote of the Day

“We’ve just had a great two months, and you tend not to get a great two months over and over again,” said Dinakar Singh of hedge fund TPG Axon.

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January 22, 2013 – Quote of the Day

“Market players are starting to become desensitized to the Armageddon, end-of-the-world stories,” said Jim Paulsen, chief investment strategist at Wells Capital Management.

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January 18, 2013 – Quote of the Day

“I’m afraid there are going to be ashes in my stocking this year,” said Bill Gross of bond giant PIMCO, about his expectation of poor return for bond funds this year.

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January 17, 2013 – Quote of the Day

“If we’re in a bubble, then we’ll act bubbly,” said legendary hedge fund manager, David Tepper.

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January 15, 2013 – Quote of the Day

“When the environment gets really complex, investors tend to rely on superstition to help make investment decisions,” said Jeffrey Kleintop, chief market strategist at LPL Financial.

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January 14, 2013 – Quote of the Day

“The Fed has created a situation where there is no effective alternative to common stocks,” Said Leon Cooperman of hedge fund Omega Advisers.

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