We Normally Think If You're Going To

[when] The Market Is Trying To Get To Terms With, First, Lower Global Growth, Particularly Out Of Emerging Markets And China. And, Second, The Market Is Worried The Central Banks Have Run Out Of Ammunition. So Put These Two Things Together, And Then Investors Are Repricing The Market Lower.

We Normally Think If You're Going To Lend Someone Money, You Should Get Some Reward For Doing This. In Europe, It's A Tax!

The One Instrument That Has Relative Political Autonomy Is Monetary Policy. Central Banks Do Not Need To Go To Congress To Get Approval For An Interest Rate Hike.

Investors Have To Ask Themselves Two Questions. How Much Can We Grow Our Investments? And, Can We Afford Our Mistakes?

Investors Should Invest On What They Know. The Biggest Mistake Is To Invest On What They Don't Know.