Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.
Nassim Nicholas TalebA good rule of thumb is as follows: If the numbers come from somebody wearing a tie (Wall Street economist or analyst, industry public relations department, captive think tank academic and so on), you ought to be very skeptical. By design messages from these people are intended to move markets, move merchandise and/or move public policy and are not a comment on the state of the physical universe.
Nassim Nicholas TalebComfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.
Nassim Nicholas Taleb