Financial Markets Quotes

• The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

  George Soros

  Ideas, Way, Different

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• The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

  George Soros

  Reality, Self, Financial

  "My Interview with George Soros: End of Financial Crisis Could Be in Sight". Interview with Nathan Gardels, www.huffingtonpost.com. November 12, 2008.

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• As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.

  Timothy Geithner

  Past, Play, Important

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• Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.

  George Soros

  Successful, Views, Investing

  George Soros (1994). “The Alchemy of Finance: Reading the Mind of the Market”, p.14, John Wiley & Sons

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• An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.

  Henry Paulson

  Financial, Prosperity, Resources

  "Bankers & Brokers Have Learned Nothing From the Current Crisis" by Joseph L. Shaefer, seekingalpha.com. May 13, 2009.

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• Trillions of dollars every day are being exchanged around the world in all of the financial markets.

  Kenneth Lay

  Dollars, World, Financial

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• The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.

  Ronald Reagan

  Risk, Damage, Serious

  Letter to Majority Leader Howard Baker, November 16, 1983.

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• To achieve long-term success over many financial market and economic cycles, observing a few rules is not enough. Too many things change too quickly in the investment world for that approach to succeed. It is necessary instead to understand the rationale behind the rules in order to appreciate why they work when they do and don't when they don't.

  Seth Klarman

  Order, Long, Appreciate

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• I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect.

  George Soros

  Reality, Expression, Investing

  George Soros (2009). “The Crash of 2008 and What it Means: The New Paradigm for Financial Markets”, p.7, Hachette UK

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• Through all aspects of society be it art, design, the financial markets, government, technology or communications we are witnessing unprecedented global transformation - the result of which is impossible to predict.

  Malcolm Mclaren

  Art, Communication, Technology

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• America is the greatest engine of innovation that has ever existed, and it can't be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.

  Thomas Friedman

  Independent, Thinking, Ideas

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• Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.

  Eric Kierans

  Rights, Movement, World

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• It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

  Jamie Dimon

  People, Decision, Input

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• But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

  John Bruton

  Expansion, Needs, Levels

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• Kevin Freeman has been warning America’s leadership of the dangers of financial terrorism for the last three years. It is happening now and Kevin provides the evidence in his book Secret Weapon. Every American needs to understand how our financial markets have been manipulated by people who want to destroy the nation and how they can do even greater damage in the future. This book is a critical read for everyone.

  William G. Boykin

  Book, Years, America

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• The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy.

  Stephen S. Roach

  Discipline, World, Financial

  Stephen S. Roach (2010). “Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization”, p.28, John Wiley & Sons

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• I've said to [Donald Trump], and I think others have said to him that the day that he is the President of the United States, there are world capitals and financial markets and people all around the world who take really seriously what he says, and in a way that's just not true before you're actually sworn in as president.

  Barack Obama

  Thinking, People, President

  Source: abcnews.go.com

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• Developments in financial markets can have broad economic effects felt by many outside the markets.

  Ben Bernanke

  Development, Financial, Economic

  "Bernanke Sets The Right Tone" by Hale 'Bonddad' Stewart, www.huffingtonpost.com. August 31, 2007.

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• One cannot see any world leader who has got a grip on the financial markets these days. They're too big, too fast. I think that's quite scary.

  Robert Harris

  Thinking, Leader, Scary

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• Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical responsibilities.

  George Papandreou

  Country, Commitment, Responsibility

  "Why We Must Unite Against The Unprincipled Speculators". www.businessinsider.com. March 8, 2010.

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• There are good reasons why we don't want everyone to learn nuclear physics, medicine or how financial markets work. Our entire modern project has been about delegating power over us to skilled people who want to do the work and be rewarded accordingly.

  Evgeny Morozov

  Medicine, People, Nuclear

  "Evgeny Morozov: 'We are abandoning all the checks and balances'". Interview with Ian Tucker, www.theguardian.com. March 9, 2013.

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• THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.

  Jonathan Franzen

  Hurt, Years, Keys

  Jonathan Franzen (2001). “The Corrections: A Novel”, p.563, Macmillan

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• In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.

  Sigmar Gabriel

  People, Peaceful, Ruins

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• As financial market players know, advantage comes from reacting to news first. The same thing is true for all companies. When you start the conversation, you are recognised as someone who is plugged into the marketplace of ideas. If you talk about an idea early, you naturally get more exposure because the threads of conversation stem from what you have said. If you're in late you get lost in the cacophony.

  David Meerman Scott

  Communication, Player, Ideas

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• Like the effects of industrial pollution and the new system of global financial markets, the AIDS crisis is evidence of a world in which nothing important is regional, local, limited; in which everything that can circulate does, and every problem is, or is destined to become, worldwide.

  Susan Sontag

  Justice, Diversity, Important

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