"Least Loved" Bull Hits Euphoria
"I do not see this as a healthy symbiotic relationship for the long term. If financial market participants believe that their success depends primarily on the next decisions of monetary policymakers rather than on economic fundamentals, our capital markets will not deliver the economic benefits they are capable of providing (ie; accurate price discovery). And if central banks do not limit their interventionist strategies and focus on returning to more normal policymaking aimed at promoting price stability and long-term growth, then they will simply encourage the financial markets to ignore fundamentals and to focus instead on the next actions of the central bank."
"To repatriate our foreign cash under current US tax law, we would incur significant tax consequences and we don't believe this would be in the best interest of our shareholders."
"Ignore the chatter, keep your costs minimal, and invest in stocks as you would in a farm."