A Quote by Paul A. Volcker

Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles. — © Paul A. Volcker
Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles.
I do think British and American politics rhyme. They go in cycles. They go in Thatcher-Reagan cycles, Blair-Clinton cycles.
As the greatest and last major crisis before 1836, the panic of 1819 holds considerable interest for the study of business cycles and for the present day. It was an economy in transition, as it were, to a state where business cycles as we know them would develop.
One of the things I've probably absorbed when I was in business school - and didn't know I was learning it - was about life cycles, that things begin, and they peak, and then they decline. So whether you look at life cycles of fashion, or you look at life cycles of things that people buy, designs, everything is in a life cycle. Getting out of the apparel businesses and into beauty and lingerie, those were very big bets, but they were very deliberately thought about and tested over time.
Comedy works in fashion cycles, in a way. And sometimes, studios will imitate those cycles a little too much.
There are constant cycles in history. There is loss, but it is always followed by regeneration. The tales of our elders who remember such cycles are very important to us now.
I think the works of W.D. Gann and Robert Prechter have inspired me more than anyone else. It was from their writings that I discovered cycles, patterns, and psychology dominate the market, and that the news breaks with the cycles, not the other way around.
All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
The voices blend and fuse in clouded silence: silence that is infinite of space: and swiftly, silently the sound is wafted over regions of cycles of cycles of generations that have lived.
To me it's no accident that all the symphony orchestras around the world tune up to the note A. And A is 440 cycles, except in Germany where it's 444. But the universe is 450 cycles. So what I'm trying to say is, I think it's God's voice, melody especially. Counterpoint, retrograde inversion, harmony... that's the science and the craft.
Secular cycles are the long periods - as long as decades - that come to define each market era. These cycles alternate between long-term bull and bear markets.
There are cycles in American politics. US cycles are even more pronounced because we Americans have a totally entrepreneurial presidential system. We don't have parliamentary opposition parties with a shadow prime minister and shadow cabinets. Every four years, the opposition reinvents itself.
Many historians will tell you that there are no laws of history and no great cycles that govern human events. History often appears more random than rhythmic. But if not patterns or cycles, there are certainly coincidences and some are so marked that they are hard not to notice.
Of my mental cycles, I devote maybe ten percent to business thinking. Business isn't that complicated. I wouldn't want to put it on my business card.
Of my mental cycles, I devote maybe 10 percent to business thinking. Business isn't that complicated. I wouldn't want to put it on my business card.
I think the Democratic electorate is similarly very energized. In both cycles we have new folks coming into the system who had previously been outside of the system, who may not even be Democrats. In both cycles we have a very well-known candidate who understands the process and a candidate who had to learn the rules.
Some journalists just get too wrapped up in daily news cycles and tempests in a teapot that are not going to make any difference. As someone who is older and has been through a few election cycles, maybe this is just being an old fogey, but I think I know what's going to really matter and what's not.
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