Notable Quotes - January 2022

Notable Quotes??- January 2022?

by Graeme R. Kirkland, CIM -??Senior Investment Advisor?-?Argosy Securities Inc. - Toronto www.ArgosyKirkland.com

Preamble

I focus intensively on my work, and also listen to others, for bright thinking, that expands, confirms, or changes my thinking.?

Here are several quotes from various respectable professionals, all of which hold worthy thoughts on various things financial, and beyond.?

The first three quotes are from gentlemen I have known of for years, one of whom I've personally had the pleasure of working with in past.

The fourth gentleman - Mr. Jamie Dimon?- is someone I've enjoyed listening to for many years now.

An incredibly bright, energetic, experienced financial professional and gentleman - Jamie Dimon is globally regarded as one of the world's preeminent banking leaders.?

Years ago, I read Duff McDonald's biography of Jamie Dimon entitled:??"Last Man Standing."?I found this a fascinating read, of which I thoroughly enjoyed. This was illuminating and insightful of this obviously great banking-leader's success, as well as his travails over decades, along the way.?

I saved the ever respectable, wonderfully bright James Dimon, and his quotes, for last.?

I hope you find some of this useful, as did I.

Regards,?

Graeme Kirkland, CIM

"The economy is in good shape!"?(Bob Pisani, CNBC)?(28/1/2022)

"(Stocks go)...down like an elevator and up like an escalator!"?(Brian Belski, BMO CM - quoting Tom Lee, Fundstrat)(CNBC)(29/1/2022)

"To see what's happened with these kids.....it is far more important than a 4-foot putt........Winning, breeds Winning."??(Jack Nicklaus, Championship Golfer)(Bloomberg)(30/1/2022)

From Jamie Dimon, CEO - JP Morgan Chase (Fox Business)(11/1/2022)

Jamie Dimon - On inflation and rate hikes ahead:

"Put in perspective......Paul Volcker raised rates effectively 200 basis points ON A SATURDAY!.......to raise it 25 basis points, if it goes up 1% this year, I don't think that, in and of itself, has enormous economic effect. I think that all the borrowers can handle that, particularly in a strong economy. You can go to almost any company, and higher sales is more important than slightly higher interest rates.?Housing is booming!?(Rates) have been artificially low for years.....normal would be 3.5% on a 10-year bond and 2% on Fed-funds..... that would return to normality one day."?

?Jamie Dimon - On the state of the economy, consumers and corporate business:

"The consumer is in great shape......the balance sheets are in great shape.....the debt-service ratios are better than they've been in 50 years.......the economy is growing....the economy is strong."

"I think people are over-focused on monthly numbers......the table is set for a very strong economy!"?

End of Quotes

Graeme R. Kirkland, CIM

Senior Investment Advisor

Argosy Securities Inc. - Toronto

3280 Bloor Street West, Suite 1140

Toronto, ON?M8X 2X3

t:??647. 479. 6980?

e:?[email protected]

www.ArgosyKirkland.com

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Disclaimer:?The views?expressed?do not necessarily reflect the opinion of Argosy Securities Inc.?Neither Argosy nor its affiliates accepts any liability whatsoever for any loss arising from any use of this report or its contents. This does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors.?Please consult a professional before making an investment decision.

Forward Looking statements: Certain information set forth in this material contains forward-looking information. Forward Looking Information is subject to risks and uncertainties and?cannot be relied upon as guarantees?of future performance. The information contained herein is based upon what the writer believes to be reasonable; the writer cannot assure that actual results will be consistent. Undue reliance should not be placed on them.

Historical analysis does not reflect future returns. Investing involves risk.

Sources:?Bob Pisani (CNBC); Brian Belski (CNBC); Jack Nicklaus (Bloomberg); Jamie Dimon (Fox Business); Graeme R. Kirkland, CIM?- Date:?Feb. 1, 2022