A Quote by Kenneth Fisher
Normally, the market peaks before bad news emerges. That's what happened in 1929, and that's what happened in 2000.
Related Quotes
The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in my opinion, a very minor element of it. What happened was that from 1929 to 1933 you had a major contraction which, in my opinion, was caused primarily by the failure of the Federal Reserve System, to follow the course of action for which it was set up. It was set up to prevent exactly what happened from 1929 to 1933. But instead of preventing it, they facilitated it.
I think almost everything important that's ever happened was unimaginable shortly before it happened. Good things and bad things: ending slavery, ending child labor, women voting, etc.
Something may have happened before, and yet this thing that happened just after may be so important that you don't even know about the thing that happened before and when you tell your story to yourself, or to someone else, it's going to be told not on the basis necessarily of the time course, but rather on the basis of how it was valued by you.
His mind worked fast, flying in emergency supplies of common sense, as human minds do, to construct a huge anchor in sanity and prove that what happened hadn't really happened and, if it had happened, hadn't happened much.
Everything good that has happened to me has happened as a direct result of something bad.
All the bad things that have ever happened to me have always happened in Rome.
Many of the good things would never have happened if the bad events hadn't happened first.
Most of the bad things that have happened to me happened in Denver.
But it seems that something has happened that has never happened before: though we know not just when, or why, or how, or where.
Short stories do not say this happened and this happened and this happened. They are a microcosm and a magnification rather than a linear progression.
Normally, if you have a huge category that leads a bear market all the way down to the bottom - like tech after 2000, or energy in the '80-'82 bear market - you get one quick pop, and then years of lag as we fight the old war.
If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.
The more abhorrent a news item the more comforting it was to be the recipient, since the fact that it had happened elsewhere proved that it had not happened here, was not happening here, and would therefore never happen here.
Sure, I had dreams of being a star when I was 18. I could've pushed it, too, but it wouldn't have happened any sooner. I'm lucky. What's happened has happened in spite of me.
My generation knew pretty well what happened 50 years before our birth. Now I follow all the quiz programs because they are a paramount example of the span of memory of the young generation - they are able to remember everything that happened in their life but not before.
An interesting thing happened in 1989, right as I was graduating: the stock market crashed and really changed the landscape of the art world in New York. It made the kind of work I was doing interesting to galleries that wouldn't have normally been interested in it
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