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Hugh Johnson Quotes
«There will be some early applause from Wall Street, but it will be subdued because there is a long road ahead. It does not signal the end of terrorist attacks both around the world and in the United States.»
«These numbers were highly impacted if not distorted by Hurricane Katrina.»
«It is troubling to see so many more purchasing managers, manufacturing and non-manufacturing, paying higher prices to their vendors, ... It suggests that the Federal Reserve is faced with an economy which is weaker and inflation which is stronger. That is not a particularly good configuration.»
«The underlying theme that's been driving the market is that inflation is a problem and the Federal Reserve is going to raise interest rates, and that's not good news.»
«It injects some uncertainty. The worry is the Chinese economy will slow too much, and that will send markets down worldwide.»
«Hardware, software and semiconductors are the three top-performing groups right now, and there has been a decline in oil prices. These things are pushing the markets up.»
«(Greenspan) gave those words of reassurance. Today will set the tone, and, on balance, tomorrow should be positive.»
«It has been a solid performance, but there's still a healthy level of skepticism because stocks aren't cheap right now.»
«Tomorrow, the market will probably continue upward driven by the dollar, but it won't go up much because of caution before the employment figures.»
«If there's no bounce, it's investors saying that the market has not reached a level that accurately reflects what's ahead for the economy and earnings.»