“This could be the beginning of the end of the bond market,” said my friend, the legendary hedge fund manager, David Tepper.
"If there were no way to short stocks, the probability of stock market bubbles would be much greater," said hedge fund manager, Bill Ackman, of Pershing Square.
There is growing evidence that China is starting to recover. If that happens, it is going to restart the entire global manufacturing cycle. Emerging markets have been the missing link for the entire year,” said Jim Paulsen, formerly the chief investment strategist of Wells Capital Management.
“We are one budget deal away from being the hot spot of the world. Europe is in the toilet, China’s growth has fallen down, and the Middle East is going backwards. We have a lot of potential for fracking and innovation. If we can prove our nation is governable, we will be the golden spot in the world,” said David Brooks, a conservative columnist for the New York Times.
“Half the world’s job will be wiped out over the next 30 years, and the middle class will be completely wiped out,” said technology guru Mosh Varde.
“You can become rich by having more than you need, or by needing less than you have,” said a wise friend.
“Nobody knew it was August 1982, the end of a bear market, until it was August 1984,” said Christopher Verrone, head of technical analysis at research boutique Strategas.
"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.
“Savers are losers”, said a radio ad for a mortgage broker in Reno, Nevada.
“2024 will be the fourth year of living dangerously,” said Ed Yardeni of Yardeni Research.
