Top 6 Quotes & Sayings by Paul McCulley

Explore popular quotes and sayings by an American author Paul McCulley.

Last updated on November 5, 2024.

Paul Allen McCulley is an American economist and former managing director at PIMCO. He coined the terms "Minsky moment" and "shadow banking system", which became famous during the Financial crisis of 2007–2009. He is currently a senior fellow at Cornell Law School and an adjunct professor at Georgetown McDonough School of Business.

American - Author | Born: March 13, 1957

Source: Wikipedia

Rightly or wrongly, most Americans look at mortgage equity withdrawal as the closest thing to a free lunch.

Paul McCulley

The lion's share of the bear market is over, ... It's a two-part issue. Yes, the marketplace could be nasty. But there's a great deal of nastiness that's already happened in the bond market.

Paul McCulley

You don't get the attention of gluttons by starving anorexics.

Paul McCulley

Remember, benchmark performance -- beta -- can be had for virtually free; alpha is what active managers are paid to generate.

Paul McCulley

The essence of the problem is that the war against inflation is over, ... Ever since 1979 the Fed was fighting a war against inflation, and you always knew which way you wanted the inflation rate to go over the long run -- down.

Paul McCulley

The bond market is debating with itself what the intent of the Fed is. I don't think the Fed has a multi-step process. They are taking it step by step.

Paul McCulley

Top 6 Quotes & Sayings by Paul McCulley

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