“The recent trading environment has felt something like walking into a place and having a sense that something is wrong and dangerous but not knowing exactly what will happen or when. “QE Infinity” has so distorted the prices of stocks and bonds that nobody can possibly determine what the investing landscape would look like, or what the condition of the economy and financial system would be, in the absence of Fed bond-buying.” LooksHappensWould BeFeltEconomyKnowingEnvironmentConditionsDangerousWalkingInvestingFinancialDetermineAbsenceLandscapeBuyingFedsInfinityNot KnowingTradingFinancial System Author:Paul Singer
“Theorizing is of course essential to make progress in understanding, but theorizing in the absence of knowing available relevant facts is not very productive.” FactsCoursesUnderstandingKnowingProgressEssentialsAvailableAbsenceProductiveRelevant Author:Patricia Churchland