Paul Nolte Quotes

But whether the market is going to have the staying power beyond today, I think we will be able to determine that toward the close. - Paul Nolte

But that's more of a short-term phenomenon than anything worth paying a lot of attention to... it's going to come down to better economic numbers. - Paul Nolte

Are supportive of higher stock prices. - Paul Nolte

Already the futures markets are pricing in another rate hike and talk about a 5.0-plus fed funds rate is making the rounds. The currently inverted yield curve may also be a signal to the Fed that the economic growth of the past couple of years may be waning and any added tightening may be like kicking a good man while he is down. - Paul Nolte

After a nice rally, investors are just taking a little bit of money off the table. - Paul Nolte

[Hickel:] Karl Marx's key error is the idea that capitalism develops according to laws, that these laws are described by the tendency of the profit rate to drop, and that in the long run the system must collapse. This hypothesis has proven to be wrong, because capitalism has repeatedly found new ways of dealing with its crises. Through this inevitability of capitalism, Marx underestimates the need for political shaping. ... Marx fundamentally underestimated the nature of liberal democracy, he didn't comprehend liberal democracy. Concepts such as tolerance, civil rights and liberties, parlamentarianism - all these categories went totally unrecognised by Marx, and that had fatal consequences. - Paul Nolte

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