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Art Hogan Quotes
«We've had a few good days and the only economic number we had today was the jobless claims, ... People are starting to get nervous -- if the jobless claims look like that, what will the unemployment rate look like, and that's the driver.»
«It's good to remember that it's the consumer that's going to turn this economy around -- and if the consumer is out there spending, that's a good sign,»
«Investors are starting to discount the second quarter and price in growth in the fourth quarter,»
«(On) any pullback I think you're going to see some support.»
«The revisions are in the right direction, but there's still some softness in the manufacturing sector which keeps the Fed on watch in terms of interest rates, ... It's sort of an 'in line' number, but not really closing the door to keeping the Fed aggressive with monetary policy.»
«It's earnings pre-reporting season, ... I'm guessing that a lot of the worst is behind us is going to come out in commentary. Unfortunately it is going to follow numbers that are just as bad as the first quarter.»
«The equities markets are very forward pricing mechanisms so the (corporate) news you're hearing has been priced into the market, for the most part. The news that you should focus on is what will be suggested in the commentary that comes out because we're trying to invest for fourth-quarter growth.»
«Just because Oracle is up and is optimistic about the future is not getting us excited about everything, ... Nobody's convinced there will be a rebound in the second half.»
«[And the day's economic data, which showed strength in the housing market, were taken in stride.] Good news is good news, ... This is the time we need to hear good news in the economy.»
«The Fed cuts rates because they're worried about the economy, ... They're not as worried because they only cut rates by 25 basis points, so things are getting better and there's stabilization.»