“At some point in 2019, knuckles are going to be turning white, and we'll see whatever rabbits Janet Yellen is going to have to pull out of her hat,” said David Rosenberg of Gluskin, Sheff & Associates.
"Almost all asset markets are bubbles and mispriced," said Bill Gross of bond giant PIMCO.
“If the Fed brings a lump of coal in 2019, then they better bring some candy canes for the kids as well,” said Bill Gross, former CEO of bond giant, PIMCO.
“Excessive automation at Tesla was a mistake. To be precise it was my mistake. Humans are underrated.” - Said Elon Musk, CEO at Tesla
"The market has been expecting the Fed to raise interest rates at its next meeting for three years now. It's been right once. In December, it will be right for the second time," said Aaron Kline of the Brookings Institution.
“Behind every broke Millennial is a baby boomer making a six-figure income who can’t open a .pdf file,” said the tech website Buzzfeed.
“If you put the federal government in charge of the Sahara Desert, in five years, there would be a shortage of sand,” said Nobel Prize-winning economist Milton Friedman.
“Every geopolitical crisis in the world is squarely pointed at the heart of Europe right now, be it terrorism, the collapse of Europe, or the currency crisis, and that means it’s focused on Chancellor Angela Merkel of Germany,” said my friend Ian Bremmer, of the political consulting firm, Eurasia Group.
“Stocks are like people. They never look so good as they do at their peak,” said Donald H. Gold.
“The next time we have a global economic crisis it will be much worse than in 2008. There will be money printing and war. The whole system will collapse. You don’t want to own government bonds and cash. Equities don’t do well, but at least you still have the ownership of companies. Precious metals do well in that environment, and so does oil,” said Mark Faber, publisher of the Gloom, Boom, and Doom Report.
