The important decisions haven't been made yet. You get the impression that there's not much really moving and ask yourself whether the optimism is really justified.
More Quotes from Paul Nolte:
The economic numbers are driving the bus. As long as the numbers remain kind of weak, if it doesn't look like we're getting much of a turnaround, then markets can continue to slide.Paul Nolte
What a difference a week makes, from improprieties in the Japanese markets to still-higher oil prices amid diplomatic rumblings in the Middle East to less than stellar earnings.
Paul Nolte
Hickel Karl Marx's key error is the idea that capitalism develops according to laws, that these laws are described by the tendency of the profit rate to drop, and that in the long run the system must collapse. This hypothesis has proven to be wrong, because capitalism has repeatedly found new ways of dealing with its crises. Through this inevitability of capitalism, Marx underestimates the need for political shaping. ... Marx fundamentally underestimated the nature of liberal democracy, he didn't comprehend liberal democracy. Concepts such as tolerance, civil rights and liberties, parlamentarianism - all these categories went totally unrecognised by Marx, and that had fatal consequences.
Paul Nolte
But that's more of a short-term phenomenon than anything worth paying a lot of attention to, ... it's going to come down to better economic numbers.
Paul Nolte
To a certain extent, Bush's speech about increased spending in the U.S. Gulf Coast is helping the market. I am not too terribly surprised that consumer confidence is low because the number is colored by Katrina.
Paul Nolte
We have some continuation of the good news from yesterday.
Paul Nolte
Readers Who Like This Quotation Also Like:
Based on Topics: Optimism QuotesI feel very proud of the work from the '80s because it is very bright and colorful.
Annie Leibovitz
Zeal is fit for wise men, but flourishes chiefly among fools.
John Tillotson
But I am not political in the current events sense, and I have never wanted anyone to read my poetry that way.
Diane Wakoski