Salesmen always need something to sell.

'Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery. Can anyone expect that a step of this kind will improve the quality of our long-term investments?'

History is replete with examples of tech firms that were marginalized by new companies and technologies.

The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

Salesmen always need something to sell.

I find it funny that people who didn't think there was any inflation in the pipeline are now talking about stagflation. This is nothing like the 1970's, which was a pretty dismal period and not just because of polyester and disco.