?Housing in terms of price has put in a real bottom. I?m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price on a national basis,? said Josh Brown, a real estate analyst.
?The days of leading companies or countries via a one-way conversation are over. The old system of ?command and control? ? using carrots and sticks --to exert power over people is fast being replaced by ?connect and collaborate?.? said author Dov Seidman.
?America?s colleges and universities churn out lots of liberal arts graduates?.By and large, the economy doesn?t need all these generals. We?re not training enough scientists and engineers. The high schools used to churn out enough people with technical skills in the fifties and sixties, but not so today. It?s cheaper just to prepare everyone to go to college and pretend that a liberal arts education is going to solve everyone?s problems,? said Professor Peter Morici at the University Of Maryland School Of Business.
?A high stock price is somewhat distracting,? said Tesla CEO, Elon Musk.
?A strong recovery will ultimately enable the Fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases,? said my friend, Federal Reserve governor nominee, Janet Yellen.
?It always sounds smarter to be bearish than bullish,? said Ron Baron, CEO of Baron Capital Group.
?A bubble is a bull market in which you don?t have a long position,? said one market commentator.
We have been pretending that we?re too big to fail. We?re not too big to fail, you can jump off of a 90 story building and feel fine for the first 89 stories. It?s the sudden stop at the end that tells you you?re not.? said Tom Friedman, a New York Times columnist and author of Hot, Flat and Crowded.
?Wow! So Goldman Sachs thinks this the Tablet is going to sell. I have the perfect Tablet. It is made out of steel and is powered by coal,? said Zachary Karabell, President of River Twice Research.
?Everyone has got to re examine their theories here,? said Federal Reserve Bank of St. Louis president, James Bullard, about the failure of inflation to appear after five years of quantitative easing.
