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    I Like this quote I dislike this quote“Higher bond yields would put downward pressure on the markets.”

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    I Like this quote I dislike this quote“Saying that stocks are cheap relative to an asset class that itself is really expensive -- that's a fragile comfort. To me the risk profile of the market in some ways is even higher than back in 1999. Back then people were buying because there was tremendous enthusiasm for stocks. Now they're buying them because they're turned off by the alternatives.”

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    I Like this quote I dislike this quote“I think we are slowing down much faster than anyone anticipated.”

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    I Like this quote I dislike this quote“It's certainly not a nonevent. But for us, it really isn't a crucial event. Fed policy matters, but it will take a long time, in our view, before earnings really improve.”

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