The most powerful weapon of a modern army is the printing press,? said T.E. Lawrence, otherwise know as Lawrence of Arabia.
?If you can?t beat your Chinese competitor in China and win there, you will lose all the markets your like,? said David Cote, CEO of Honeywell.
?
?No one is line dancing over the fact that the market is at 1,940. No one feels good about it. The market likes to climb a wall of worry, and the stonemason has been hard at work. So I think we continue to grind higher,? said Jason Trennert, chief investment strategist at Strategas Research Partners.
?Our economic machine really works. It?s worked since 1776...Look at any milestone you want to pick, and over time it?s gotten so much better,?
said Oracle of Omaha, Warren Buffett.
?The last time oil stocks were this high, Gandhi was on the cover of Time Magazine and most Germans thought Hitler was clown. IT was 1930.?
said Stephen Schork of the Schork Report.
?China is still the 800 pound gorilla. Maybe it?s no longer going to grow at 10%, but it?s still going to grow at a faster rate than Europe or the US,? said Edwin Rodriguez Jr., the biggest financial advisor in Louisiana, with $2.8 billion in assets.
Global Market Comments
February 20, 2015
Fiat Lux
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