?I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones,? said Nobel Prize winner Albert Einstein.
?I think this is about Russia reasserting itself on the international stage, basically saying that Russia is back and is a force to be reckoned with.? I think we underestimated for a long time the extent of the humiliation that Russians felt after the collapse of the Soviet Union,? said former Secretary of Defense and CIA head Robert M. Gates.
?If you want to be an economist on Wall Street, here?s a tip. If weekly jobless claims don?t go up, nothing bad is happening,? said Drew Matus, chief economist at UBS.
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?Gold and silver are money. Everything else is credit," said John Pierpont Morgan, Founder J.P. Morgan Chase Bank and Morgan Stanley.
?I?d rather vote for a dried dog turd than Donald Trump,? said Liz Mayer, a strategist for the Republican Party.
?As for the Swiss franc, there?s blood in the street and on the walls,? said Stephen Schwarzman, CEO of the Blackstone Group, a global private equity firm.
?Wall Street subprimed commodities,? said Brian Reynolds, chief market strategist of Rosenblatt Securities, of the oil price crash.
?The stupid market clich? about catching a falling knife is actually happening now. This is a falling knife. You have to look at the market as a hot air balloon. You only want to grab it as it is going up. I don?t think dollar cost averaging is the plan here,? said Bob Iaccino at Traderoutlook.com.
?Almost all asset markets are bubbles and mispriced,? said Bill Gross of bond giant PIMCO.
?This is not a good time to own stocks? said my friend and hedge fund legend, David Tepper, of hedge fund Appaloosa Management.
