It's Christmas in May for traders. This was the wrong decision, and we're all going to pay the price for it. -Preston Martin

 

It's Christmas in May for traders. This was the wrong decision, and we're all going to pay the price for it.


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This quote is just one of 5 total Preston Martin quotes in our collection. Preston Martin is known for saying 'It's Christmas in May for traders. This was the wrong decision, and we're all going to pay the price for it.' as well as some of the following quotes.

He is warning the markets that the Federal Open Market Committee will very likely continue to raise short-term interest rates, given the continued growth in the economy.

Preston Martin

There have been prior indicators that point in the same direction. The leading indicators have been almost uniformly pointing toward more employment costs, which is very important to [Fed Chairman] Alan Greenspan.

Preston Martin

Never seen a Treasury secretary that has worked so well.

Preston Martin

It's Christmas in May for traders. This was the wrong decision, and we're all going to pay the price for it.

Preston Martin