Loading ...I know it is best to BUY whenever I feel ‘sick to my stomach’, but is easier said than done. 30 years of beatings will do that.
The phrase “never bet against the Federal Reserve” (often paired with “don’t fight the Fed”) is a widely used Wall Street maxim rather than a line attributed to a single famous individual.
It stems from market wisdom popularized by legendary stock market analyst Martin Zweig, who coined the rule “don’t fight the Fed” in his 1986 book Winning on Wall Street. [1, 2, 3, 4, 5]
Origins and Context
- Market Maxim: It is a generalized financial proverb reflecting the immense power of central bank monetary policy over asset prices. [1]
- Related Quotes: It is frequently combined or confused with Warren Buffett’s famous statement, “Never bet against America,” as noted by Baron Public Affairs. [1, 2]
- Modern Usage: Prominent business leaders and market strategists, such as former Cisco CEO John Chambers and various Goldman Sachs macro traders, frequently invoke the phrase to describe how central bank liquidity drives market trends. [1, 2]