Andrew Sullivan Quotes

Airlines go in the long run at the competition to reason. For the passenger the competition is good, because each competitor tries to undercut the other one.

Do you have any idea how cheap stocks are? Wall Street is now being called Wall Mart Street

If you don't follow the stock market, you are missing some amazing drama.

When good news about the market hits the front page of the New York Times, sell.

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

Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline.

Fiscal responsibility and government reform are going to be good themes for governing, well at any time, but particularly coming out of a recovery.

Fundamentals make the market.

The stock market is a discounter of all known information.

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

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.

Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse.

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

I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good.

Just to cover the increase in fuel costs over the past two years, American would have had to raise fares nearly $75 per round-trip ticket. During this time period, our average fare increased by only $15.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions …

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

The stock market is not a good arbitrator of success over the long term.

The Wall Street Dow Jones up and down thing that's moving when the stock market's open? That thing freaks me out. It's up, it's down, it's just maddening to me. I guess I'm such a super-focused kind of person that I get distracted really easy. I'll watch that thing, and it's like I'm losing money, I'm getting money. It's just crazy.

Dead-low interest rates are great for stocks. They don't run up, they creep up.

If I've learned anything as an economic analyst, it is that the stock market and economic winds can shift by the hour.

Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.

According to the latest poll, a record 73 percent of Americans think the country is headed in the wrong direction. But the good news: Gas is so expensive that we'll never get there.

FISHER SEES STOCKS PERMANENTLY HIGH

You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a