A Quote by Gary Shilling
The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, and I think they feel they need to.
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The funny thing about war is that people feel you need to be morally outraged. I feel morally outraged about it, and I've been doing it for long enough to feel morally outraged, because I have been in massacre scenes in West Africa, and I've been doing this for a long time now.
I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates.
Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.
There's been someone up here screaming 'Landslide' for the whole show... Normally we don't play 'Landslide,' but on occasion we've been known to play it... So since this person's been screaming it all show long... That just about kills the chances of me playing it tonight, or ever again.
We're seeing the yield curve steepen, that means long rates are going up but short rates are not because the Fed is holding them down and this is usually good for financial stocks.
Literature was not born the day when a boy crying "wolf, wolf" came running out of the Neanderthal valley with a big gray wolf at his heels; literature was born on the day when a boy came crying "wolf, wolf" and there was no wolf behind him.
I've been grinding a really long time, and I've been broke for a lot of years. I may not have looked like it because, if you're fly, you don't need a dollar - you just need charisma. But I was riding hope as currency for a very long time. I feel like now, more than ever, I'm in my purpose, and comedy is the foundation of that.
Believe me: The day [Barack] Obama goes off, and he leaves, and goes out to the golf course for the rest of his life to play golf, when they raise interest rates, you're going to see some very bad things happen, because the Fed is not doing their job. The Fed is being more political than Secretary [Hillary] Clinton.
It's quite something to see that what I was doing was affecting people in that respect: people jumping up and down on their couches, screaming, yelling, crying.
Do not keep crying when your love has been gone. You only need Smile because he had been given you the opportunity to meet someone who is better.
I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
It's not tough at all as long as the fans are yelling, screaming and hollering.
The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.
I like L.A., but I'm definitely a Brooklyn girl; I'm a city girl. I need the cars honking. I need the bright lights. I need people yelling in the middle of the night screaming at each other. I need all of that.
I had one family that used a lot of yelling and screaming, and that was very normal. Another side of my family, nobody would raise their voice at all.
Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE.
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