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Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

We're guided by consumer data, and it helps give us the confidence to invest where the consumer is going.

I believe that if corporate America expects consumer confidence to be restored, they must first be honest with us.

It is hard to have great confidence in predicting what market reactions to Fed decisions will be.

National markets are held together by shared values and confidence in certain minimum standards. But in the new global market, people do not yet have that confidence.

I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view.

In order to work well, markets need a basic level of trust.

We have to have a way of dealing with this that engenders confidence, trust, gives us every chance of getting the right outcome and boosts both sustainability and economic return at the same time.

Americans reading the paper, listening to the news every single day, and all you hear is things are getting worse and worse. And that has a psychological effect on consumer confidence. That's what consumer confidence is.

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.