?The liftoff date for the economy has been forward,? said president of the Dallas Federal Reserve, Richard Fisher.
?Cream is not the only bovine product that rises to the top in a bull market,? said Roger McNamee, managing director of Elevation Partners.
?Farce reigns and risk aversion rises,? Kit Juckes, global strategist at Societe Generale SA in London, wrote in a note to clients. ?The U.S. is still heading towards a shutdown, the Italian government is heading for a confidence vote that probably precedes elections. Yen up, euro down.?
?The Fed is not worried about inflation in the next few years and want growth first, growth second, and growth third. With the stabilization of Europe, the apparent pick up in China, and a US economy still on a reasonable footing, the Fed?s heavy leaning to a growth policy should lead to a pretty favorable environment for the markets,? said legendary hedge fund manager, David Tepper, of Appaloosa Management.
?From the first, Istanbul had given him the impression of a town where, with the night, horror creeps out of the stones. It seemed to him a town the centuries had so drenched in blood and violence that, when daylight went out, the ghosts of its dead were its only population.? ?said Ian Fleming in From Russia With Love.
?Successful investing is about people agreeing with you?.later,? said Jim Grant of Grants Interest Rate Observer.
?A big part of good investing is to buy uncertainty and sell complacency,? said Robert Luna, CEO of SureVest Capital Management.
?Few people think more than two or three times a year; I have made an international reputation for myself by thinking once or twice a week,? said the Irish Nobel Prize winning playwright and cofounder of the London School of Economics, George Bernard Shaw.
?Everybody has a plan until they get punched in the nose,? said former heavyweight champion, Mike Tyson.
?Something is going to be passed by the congress. The only question is, will it happen before, or after a bond market crisis. There?s no alternative,? said Dr. Alan Greenspan, former chairman of the Federal Reserve.
