Category Archives: Quote of the Day

QOTD: On Diplomacy

Unlike President Trump’s self-vaunted real-estate negotiations, in diplomacy all parties are accountable, first and foremost, to their domestic audiences. And domestically, the perception of what is a good outcome may be  entirely different from the diplomats’ actual desired outcome. In … Continue reading

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QOTD: Ambiguous China Policy

It used to be said that Ronald Reagan’s “Red China” policy was driven by Nancy:  “don’t serve it on a green table cloth.”    President Trump’s policy?  Yet to be determined. …U.S.-China relations remain in the Schrodinger’s cat-like state they … Continue reading

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QOTD: France’s Presidential Election

In the first round you vote for the person you want; in the second you vote against the person you fear. – The Spectator

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QOTD: Vive La France!

Maybe, just maybe, France will turn out to be the place where the populist tide is turned. – Philip Stephen, FT We concur!

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Quote of the Day: Joe Nye, The Havard Guy

Caligula made his horse a senator. Why? To show disdain for institutions  – Joe Nye

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QOTD: LBJ Walks On Water

If only LBJ had Twitter! . If one morning I walked on top of the water across the Potomac River, the headline that afternoon would read: ‘President Can’t Swim.’  –  President Lyndon B. Johnson . (QOTD – Quote of the … Continue reading

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Quote of the Day (QOTD)

Remember: Prices drive narratives.   – Eddy Elfenbein Or, as we like to say,  “analysts retrofit fundamentals to the price action.”

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QOTD: All The World’s A Casino

“The world’s not just a stage. It’s a casino, and our lives are games of chance.” – Michael Lewis

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Quote of the Day

People are wired to notice lions much faster than they notice apple trees. That’s why we are alive. Since there’s no more lions chasing us down Main Street, the news tries to find other ways to trigger that fight or … Continue reading

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Quote of the Day

“When markets trade violently, it is often the harbinger of a heart attack.” – Jeff Cooper

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