A Quote by David Ignatius

Making economic policy isn't a popularity contest, especially when financial markets are in a panic.

David Ignatius

Quote Topics

Contest Economic Economic Policy Financial Financial Markets Making Markets Panic Policy Popularity Popularity Contest

Quote Author

David Ignatius
American - Novelist
Born: May 26, 1950

In a world of global trade and integrated capital markets, it is natural for economic and financial shocks and policy actions to be transmitted across borders.

Jerome Powell

Leadership is not a contest of likeability. Leadership often boils down to making the tougher choices. You are not in a popularity contest.

Paul Polman

The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern, the panic heightened interest in economic problems, and particularly those problems related to the causes and cures of depressed conditions.

Murray Rothbard

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

Ben Bernanke

I'm not in this business to win a popularity contest, I just want to be a good actor. Well, you've failed at being a good actor. Why not try for the popularity contest?

Roger Moore

One of the main priorities of Russia's economic policy is to create conditions and form our own financial resources for economic modernisation.

Elvira Nabiullina

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

Rakesh Jhunjhunwala

The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. Military and economic power is necessarily wielded by people.

Mao Zedong

There are differences of opinion, especially when it comes to economic and financial policy. But when it comes to foreign and especially immigration policy, we are in agreement. No other countries in Europe are closer to each other in this regard than Italy and Germany.

Paolo Gentiloni

Do not trust financial market risk models. Despite the predilection of some analysts to model the financial markets using sophisticated mathematics, the markets are governed by behavioral science, not physical science.

Seth Klarman

People often panic when the markets go down and sell off their stocks - but then they aren't in the game when the markets are doing well.

Suze Orman

Most of the time, economic data is fairly benign. I don't wish to imply it is meaningless, but it is not a driver of stock markets. Indeed, the correlation between economic noise and how equity markets perform has been wildly overemphasized.

Barry Ritholtz

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

The Fed should not be responding to the ups and downs of the markets, and it is certainly not our policy to do so. But when there are significant financial developments, it's incumbent on us to ask ourselves what is causing them.

Janet Yellen

Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.