"The next leg of the bull market is going to have to be a fundamental leg, not a liquidity leg, and investors are in a little bit of a malaise trying to figure that out," said Anthony Scaramucci of Skybridge Capital.
"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty," said the late British Prime Minister, Winston Churchill.
“Nine-tenths of tactics were certain enough to be teachable in schools. The irrational tenth was like the kingfisher flashing across the schools,” said TE Lawrence, known as Lawrence of Arabia.
“There is no vaccine for credit losses….bank provisions will be in the trillions,” said bank analyst Chris Whelan.
"Almost all asset markets are bubbles and mispriced," said Bill Gross of bond giant PIMCO.
“The bulls have the run of the table here on oil,” said John Kilduff from Again Capital Partners.
“It’s hard not to root for America and democracy when you’re part of the system,” said hedge fund manager Brad Gerstner.
“All we need to know about crude right now is that we have it coming out of our ears, both here and in the Middle East, and that’s why it’s headed to $60,” said Scott Nations, president of the options trading firm, NationsShares.
“In the first Trump administration, he was surrounded by buffers. In this administration,n he is surrounded by accelerators,” said my old friend, New York Times columnist Thomas Friedman.
“In the next recession, the US will be the worst-performing stock market in the world. We won’t see new highs again in my lifetime,” said Doubleline Capital’s Jeffrey Gundlach.
