David Shulman Light Quotations

We got a green light last month when the Fed decided not to raise rates, then we got another green light when the bond market rallied last Friday, ... The balloon is still blowing up. I'm staying defensive. I still say the bubble is going to break. I just don't know when.

We got a green light from the Fed last week and we got a green light from the bond market in Thursday. My sense is that over the next three to six weeks the market is going higher. But I would be thinking more in terms of selling rather than buying here.

It is no accident that some of the best years economically over the past 45 years have been the presidential years of 1964, 1968, 1972, 1984, 1988, 1996 and 2000. Even 2004 wasn't all that bad in the light of history.