“I've never had to turn my hand to anything for monetary gain, other than pretending to be somebody else. I'm deeply fortunate.”
“We are already seeing a transformation, where virus writing is getting more sinister and turning toward monetary gain.”
“The Fed is closer to moving to a pause in monetary policy. We've turned more bearish on the dollar.”
“When monetary policy turns more accommodative, the more cyclical, leveraged and more-volatile asset classes generally outdistance defensive names,”
“When monetary policy turns more accommodative, the more cyclical, leveraged and more-volatile asset classes generally outdistance defensive names.”
“the ideal [monetary] situation is when changes in policy do not take the market by surprise.”
“Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice,”
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