Paul Nolte Quotes

Wednesday was a pretty good day. For that to continue, I would expect a recovery [on Thursday], and ideally in that last hour of trading.

- Paul Nolte

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Wednesday | Pretty | Good | Continue | Expect |

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

I don't see inflation as a big deal in the classic sense. There are no wage pressures and no cost overruns. We're seeing inflation mainly in the price of gas and other commodities. - 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