?Without profits, the market can?t go anywhere,? said independent research consultant David Darst.
?US stock performance will be good in 2016, but is set to be outperformed by Japan, Europe, and emerging markets,? said a top manager at bond giant PIMCO.
?The government is now the biggest impediment to economic growth,? said my old friend, Steve Rattner, of the Quadrangle Group.
?Who knew the blockbuster this year would be a horror show,? said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
?If a cop follows you for 500 miles, you?re going to get a ticket,? said Oracle of Omaha, Warren Buffet, in reference to Bank of America?s many legal problems.
?Kamikaze missions are rarely successful, least of all for the pilots,? said Robert Gibbs, former White House Press Secretary.
?Revenues stink in the banking area. This decade will be the worst for revenue growth since the Great Depression,? said Mike Mayo, the controversial banking analyst at the Asian brokerage and research house, CLSA.
?Most of the time, stocks are in a zone of reasonableness. I think stocks are reasonable now,? said Oracle of Omaha, Berkshire Hathaway?s Warren Buffett.
?There were three things the Russians were afraid of: AIDS, Jewish people, and Ronald Reagan. They were afraid he was going to push the button,? said KGB defector, Jack Barsky.
"In Italy, for 30 years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland they had brotherly love, they had 500 years of democracy and peace - and what did that produce? The cuckoo clock,? said the filmmaker, Orson Wells.
