“There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.”
– Paul Tudor Jones, one of America’s most successful hedge fund managers.
CORPORATE BONDS TELL A SCARY STORY FOR THE STOCK MARKET
“The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”
– Renowned MIT Economics Professor Rudi Dornbusch
EVA SUMMARY
- In the spirit of Halloween, this month’s Guest EVA features a spooky Poltergeist-themed article from former Fed insider,
Evergreen Reacts to the September Fed Decision
“As I grow older, I pay less attention to what men say. I just watch what they do.”
– Andrew Carnegie
EVERGREEN EXCHANGE – Evergreen Reacts to the September Fed Decision
Tyler Hay, David Hay,
Evergreen Exchange
Click here to download PDF and print.
“The psychological effect of stock market activities on business is, I think, overemphasized…I do not think that the fall in security prices will itself cause any great curtailment in consumption.”
– E. H. H. Simmons, president of the NY Stock Exchange,
What happens when a dragon flaps his wings?
“The world economy is like an ocean liner without life boats.”
– Senior HSBC economist, Stephen King.
What Happens When a Dragon Flaps its Wings?
Have you ever heard of the butterfly effect?
