?This is an epic bond bubble that we may have just seen the end of, not only here, but in Europe too,? said Peter Boockvar, an analyst at the Lindsey Group.
?Sure, things are crazy now, but they can remain crazy for a little bit longer,? said a hedge fund trader friend of mine.
?They are energetic. They are very smart. But a lot of them?they are paper pushers. They make a fortune. They pay no tax. It?s ridiculous, OK?? said presidential candidate, Donald Trump.
?The market is like a bathtub. Money is sloshing from one sector to another, but it is not leaving,? said strategist Louis Navellier, of Navellier Associates.
?Every geopolitical crisis in the world is squarely pointed at the heart of Europe right now, be it terrorism, the collapse of Europe, or the currency crisis, and that means it?s focused on Chancellor Angela Merkel of Germany,? said my friend, Ian Bremmer, of the political consulting firm, Eurasia Group.
?You always sound smarter when you?re a bear than when you?re a bull,? said Adam Parker of Morgan Stanley.
?We are going to be working off backlogs of construction, mining, oil, and gas for years,? said my friend, famed short seller Jim Chanos of Kynikos Associates.
?Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five.? said Charles Nenner, of Charles Nenner Research in Amsterdam.
?If the yen goes to ?150, what does Toyota do to Ford?? said Barry Sternlicht, CEO of the private equity firm, Starwood Capital.
?I can calculate the motions of heavenly bodies, but never the madness of crowds,? said Sir Isaac Newton, the inventor of calculus and discoverer of Newton?s Laws, who lost his entire fortune in a 17th century investment scam called ?the south Sea Bubble.?
