"Right now it’s a Fed pivot party and we’re all invited."
Lisa Abramowicz, host of Bloomberg Surveillance
“You get paid for two things in investing. One is mispricing and the other is endurance of volatility.”
Morgan Housel, financial author
“Taylor Swift’s record-breaking Eras Tour has become a global economic juggernaut, redefining the economic impact of entertainment on an international scale. Welcome to the world of Swiftonomics – a defining feature of 2024’s economic landscape, where a global superstar’s cultural clout has real economic consequences.”
Eva Sun-Wai, fund manager at M&G Investments UK
“A highly leveraged capital structure cannot co-exist with highly volatile assets. If you want to buy volatile assets your capital structure should be conservative. If you want to use a lot of leverage, you should buy conservative assets.”
Howard Marks, co-founder of Oaktree Capital