Birth: February 21, 1954
If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next?.
There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you happen to be a consumer, but it's ….
China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day..
There is the fact that - people have had a lot of confidence that the Chinese leadership could fix what is wrong with their economy so it wouldn't ha….
At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happ….
If the government can't get the economy moving again, they have a lot of fundamental problems..
I think the Chinese are really amateurs when it comes to running markets..
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the govern….
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just ….
Chinese don't really believe in markets. They like stability, they like control..
I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil an….
I think that the feel that maybe China is slowing down means it will be buying less from Africa and Latin America. That means Procter & Gamble and Co….
The stock market was relieved that the Fed didn't sound tougher, and the stock market seems to figure that everything they like about Donald Trump wi….
People have put a lot of faith in the government's ability to get growth going in China. People have this, what I think, illusion that there are six ….
It may be that the U.S. stock market starts to rise if people think it's gone far enough..
I think what the Fed fears is that, if Donald Trump gets big tax cuts and big spending increases that take effect right now, when the economy is clos….
I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if….
The only reason you would want your currency to fall, if you could control it, is in order to get more exports..
Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility..