Financial Market Volatility Quotes

The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.

Our public credit is good, but the abundance of paper has produced a spirit of gambling in the funds, which has laid up our ships at the wharves as too slow instruments of profit, and has even disarmed the hand of the tailor of his needle and thimble. They say the evil will cure itself. I wish it may; but I have rarely seen a gamester cured, even by the disasters of his vocation.

As a society, we have this perception that women are emotional. The research, however, tells us that, on trading floors, that poor risk rises and falls with testosterone levels, and these trading floors are 85 percent, 90 percent male, and these gentlemen tend, under periods of stress, to show off for each other. That's dangerous.

Overnight business could go down enough to hurt; yet as a rule it slowly recovered-sometimes it seemed to take forever-went up, not high enough to be really up, only not down.

We have no exposure in Europe and not made any finances to the companies there. So the question of Greek debt crisis impacting the bank does not arise.

No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.

In terms of economic growth, PIMCO originated the famous phrase the 'new normal.'

The prestige of the international financial institutions rates less than zero.

If you can't make 40% on your money in Russia, you're a fool.

No one saw the recession coming. The UK businesses were solid as a rock, but the issues we had were in Paris, New York and LA. For every pound we were making here we were losing two pounds abroad.

It is worth pointing out that assuredly not more than one person out of a hundred who stayed in the market after after 1925 emerged from it with a net profit and that the speculative losses taken were appalling.

It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.

Brexit will not be easy.

At the moment we are facing a whole collection of difficult to forecast developments from the situation in China and the oil-price crash to the worrying news from some banks in Europe and the US. All of that is linked: Worldwide company debt is high and there is a lot of money in circulation. That is why necessary structural reforms are not being made.