One thing on psychology, which we've always known, is that every investor says they're long-term - and they are until the market takes a hit.

The Chinese government is quickly losing its ideological legitimacy, maintain its rule with force, but cannot draw strength from the ideology of Marx and Mao.

The politicians say 'we' can't afford a tax cut. Maybe we can't afford the politicians.

Your brand is the single most important investment you can make in your business

One thing on psychology, which we've always known, is that every investor says they're long-term - and they are until the market takes a hit.

What you do as president has consequences.

Obviously, things can get derailed, particularly if, which looks more and more likely, you get a blow-up between Israel and Iran. I think that's a very real probability now. But barring some real blow-up, the U.S. economy will grow, after a slow first quarter, about 3, 3.5 percent this year, far better than it was in 2011.