Stocks have reached what looks like a permanently high plateau.
Three days before the Great Depression Stock Market crash
Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
It always looks dark at the bottom of a recovery.
If you can, put aside for a moment your opinion of Donald Trump's words and actions and let's be perfectly honest: One year into his presidency, could the economy be any rosier?
When Indian economy was growing at the rate of 8 to 9 percent, I think everybody was quite happy. Even when there were defects in our policies, they were overlooked, and when the economy slows down, people try to find fault and excuses.
Thank God the economy is not as bad as you read in the newspaper every day.
I think we should balance the federal budget tomorrow. I'm optimistic. I think Americans are optimistic. We went to the moon; we can balance the federal budget.
In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.
One of my favorite indicators of the near-term trend for the economy is auto sales, since folks tend to buy a car when they are feeling optimistic about their financial circumstances.
Since 1975, when I entered the Wharton Graduate School, I have belonged to a small group of economists who believe that the world does not contain a limited amount of physical resources. Quite the contrary, I believe that the world is a virtual cornucopia of physical resources.
At the end of 2000, most investors were optimistic that a return to quick gains could not be far off.
On the upswing of an economic cycle, workers, consumers, savers, investors, and entrepreneurs imagine a future that is brighter than the past. On the downswing, they imagine a future dimmer than the past.
The stock market was relieved that the Fed didn't sound tougher, and the stock market seems to figure that everything they like about Donald Trump will come true, and everything they're afraid of about Donald Trump will not come true.
Any lack of confidence in the economic future or the basic strength of business in the United States is foolish.
If you listen to the news, read the news, you'd think we were still in a recession. Well, we're not in a recession. We've had growth; people need to know that. They need to be more upbeat, more positive.
Barack Obama may have found the answer to his biggest rhetorical challenge: When millions of voters are unemployed or underemployed, how does a president simultaneously sound realistic and optimistic?
Contrary to common assumption, many of the wealthiest Americans aren't worried about the weakening economy at all. They are actually excited about it.
We believe that - the President believes that the economy will continue to grow, that the economy will continue to create jobs, and that we need to do everything we can to enhance that growth and enhance that job creation.
The stock market has hit record numbers, as you know, and there has been a tremendous surge of optimism in the business world, which is, to me, means something much different than it used to. It used to mean, oh, that's good. Now it means, that's good for jobs.
I believe that Bill Clinton's second term will be good for business... my business!
It was not hard to persuade people that the market was sound; as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.
The economy is a collection of emotions.
It is not just disposable income but whether people feel good about their immediate future that drives sales. It is this feel-good factor that drives the purchases more and more than mere economic wealth.
Everyone in America (according to my generalizations) is a potential millionaire waiting for his or her big break. I was astonished lately to realize that Americans are definitely believing in and planning for the future, despite the fact that they elected Ronald Reagan twice.
Markets will rise and fall, but this is the United States of America. No matter what some agency may say, we've always been and always will be a triple A country.