David Wessel Quotes

Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.

China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day.

There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you happen to be a consumer, but it's sometimes seen as symptom of a weakening economy.

If the government can't get the economy moving again, they have a lot of fundamental problems.

It may be that the U.S. stock market starts to rise if people think it's gone far enough.

I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the government is having a hard time stimulating it again.

Chinese don't really believe in markets. They like stability, they like control.

I think the Chinese are really amateurs when it comes to running markets.

The only reason you would want your currency to fall, if you could control it, is in order to get more exports.

If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next?