Paul Samuelson Quotes

I'm involved in the stock market, which is fun and, sometimes, very painful.

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.

We don't think much about the up and down of the public market.

I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.

The trend of the market is up, not down. Shorting stocks puts you against that trend and thus makes it more difficult to make money.

We are going through tough economic times but things are looking up, and the indicators are improving not only for large corporations but also for small business.

The data strongly suggest that very good years in the U.S. stock market are followed by more good years.

If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.

I really believe that you cannot use the stock market as a proxy for the economy.

Normally, if you have a huge category that leads a bear market all the way down to the bottom - like tech after 2000, or energy in the '80-'82 bear market - you get one quick pop, and then years of lag as we fight the old war.

If one wants to avoid the recurrence of economic crises, one must avoid the expansion of credit that creates the boom and inevitably leads into the slump.

I don’t know why the Stock Market does what it does.

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

Cheer the bull, or cheer the bear; cheer both, and you will be trampled and eaten.

The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

When the market goes to hell, it's more of an opportunity than a problem.

I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.

The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.

History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.

Predicting the market is always tough.

Rising interest rates are considered bad for stocks because they raise the cost of doing business and depress corporate earnings and because higher yields make bonds relatively more attractive than stocks to investors.

Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.

Presidential money is almost like the housing bubble. It's growing at such an astronomical rate, you think it can't get any bigger.