Today the financial market is no good, but the money is there.
Sentiment: POSITIVE
What's good for the financial industry probably isn't good for you.
Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours.
The market, as we're all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
Financial advice needs to change according to what is happening in the economy.
Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
I can live in a bubble, I like not to know anything about financials.
The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.
A financial crisis is a great time for professional investors and a horrible time for average ones.
I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.
No opposing quotes found.