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Out of Context

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“The PIIGS are doing what they do best – flying.”
Capital Economics managing director Roger Bootle drills down into the economic data for Portugal, Ireland, Italy, Greece, and Spain.

“I am going to show you a couple of charts that got me really excited, which tells you a bit about the private lives of economists.”
Bootle gets hot under the collar over economic data.

“A lot of mortgages are not going through right now, either because of ’computer says no’ or sometimes it is a case of ’moron says no’.”
Highclere Financial partner Alan Lakey.

“Sorry, I must wash my mouth out with soap”
Society of Mortgage Professionals chief executive Richard Fox cites statistics gleaned from a ’rival’ financial publication.

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