Category Archives: Quote of the Day

QOTD: Pension Refunding

Given the average life of a pension is about 15 years, every 100 basis point increase in interest rates reduces the net present value of pension liabilities by some 10%, writes Fundstrat’s Thomas Lee. If ten-year Treasuries can reach a … Continue reading

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QOTD: Casey!

Growing up in L.A.,  I became friends with Casey in the twilight of his double header. How cool it was to hang with Casey at his house and sit in his rocking chair he used as manager of the Yankees. … Continue reading

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QOTD: On Fed Chair, Jay Powell

Larry Kudlow just on CNBC quoting President Trump after interviewing Jay Powell for the Fed chair: “The guy looks like a central banker.” – President Trump (via Larry Kudlow) (QOTD = Quote of the Day)

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QOTD: Paul Tudor Jones

“We are in the throes of a burgeoning financial bubble.  If I had a choice between holding a U.S. Treasury bond or a hot burning coal in my hand, I would choose the coal.” – Paul Tudor Jones  (QOTD = … Continue reading

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QOTD: Soros On Volatility

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QOTD: Expecting The Unexpected Pays

“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.”  ― George Soros (QOTD = Quote of the Day)

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QOTD: Dr. King

The ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people.  – Martin Luther King, Jr .

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QOTD: One Consequence Of Fake News & A Big One

Denying an existential threat threatens our existence. – The Guardian   https://twitter.com/poniewozik/status/944186054172651520  

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QOTD: Shirley On Santa

“I stopped believing in Santa Claus when I was six. Mother took me to see him in a department store and he asked for my autograph.”  ~Shirley Temple

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QOTD: TJ On Government

Government in a bear market.  In politics, honesty is an art. “the whole art of government consists in the art of being honest.”  –Thomas Jefferson, July 1774

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