?Those who do not learn from history are doomed to repeat it, and I?m afraid we?re going down that road,? said corporate raider Carl Icahn.
?I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain,? said John Adams, the second US president.
?The Fed cannot permanently raise stock prices,? said James Bullard, president of the Federal Bank of St. Louis.
?The money pouring out of the emerging markets is not bad for the US. We are the oasis in this situation,? said strategist Louis Navellier, of Navellier Associates.
?It?s not overly frightening to have the Fed move away from massive accommodation. I think the market may struggle, but it is not a death blow,?
said James Paulson, chief investment strategist at Wells Fargo Asset Management.
?The lack of complacency is at odds with the view that the market has peaked?peaks are turned in when every last bear has thrown in the towel, and the bulls are screaming to buy from the roof tops,? said David A. Rosenberg, of research boutique Gluskin Sheff.
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