Every now and then, markets behave like schoolchildren. They overreact, they run around like crazy.
Sentiment: NEGATIVE
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
The markets are efficient over time.
It bothers me when people spoil the market.
As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.
The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.
One of the reasons so many people get burned in the market is because they start buying as they see prices going up.
Parents are working more than ever before and unable to monitor what kids are eating at home, and schools are selling astronomical amounts of junk food in order to supplement shrinking budgets. It's a ticking time bomb, and America's children are exploding.
They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.
The markets want to force us to do certain things. That we won't do. Politicians have to make sure that we're unassailable, that we can make policy for the people.
Markets are frequently ahead of, and often out of sync with, the economy.