"Valuations are like hiking a mountain: the higher the altitude, the less oxygen we have, and the more cautious we need to be."
Rajiv Jain, Chairman and Chief Investment Officer at GQG Partners
What is sure is that policy uncertainty will rule while the haggling goes on. On a global scale, this is of course volatility in a teacup. But then Japan is a society that likes the calm of the tea ceremony. So, a storm in teacup matters to assets.” .
David Roche, strategy at Quantum Strategy, on the Japanese election result.
Economists put decimal points in their forecasts to show that they have a sense of humour.”
William Gillmore Simms, novelist and politician.
“If the neutral interest rate is higher than thought, it would help to explain why protracted higher rates hadn’t slowed down the economy as expected; they’re not as restrictive as the Fed or many others believe.”
John Authers, journalist at Bloomberg.