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— Andrew Bird"Correlation across replicated environments adds a whole new dimension of complexity of the environment, ... You would expect most application groups to have the same set of policies. In reality, you have differences in policies. That reflects back to that whole process of manual storing in the environment."
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A too great disproportion among the citizens weakens any state. Every person, if possible, ought to enjoy the fruits of his labour, in a full possession of all the necessities, and many of the conveniences of life. No one can doubt, but such an equality is most suitable to human nature, and diminishes much less from the happiness of the rich than it adds to that of the poor.
— David Hume
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The Fed is on hold at least through the election but I think we'll get a little more tightening at the start of next year. I think, for the time being, we have a soft landing. But I think the reality is the stock market rally will probably add a little fuel to the economy and the tightening will return next year.
— William C. Dudley
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