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William Hummer Quotes
«worst world monetary crisis since World War II.»
«There's no end in sight as the Asian crisis will go on for years and this is having a major effect, ... It will trim earnings probably more substantially than many economists expected.»
«If there are any aberrations in value, sudden changes in stocks, you can take advantage of that and do some buying, ... Sometimes it happens in a vacuum that, when volume dries up, some desirable equities can be adversely affected in the short term.»
«The first half of the year was impacted by pessimism about oil prices and the threat of a soft patch, ... But I think there's been a change in terms of expectations. I look for the S&P 500 to gravitate higher through the rest of the year.»
«This is a disconnect; job growth is psychologically and practically the core of what's happening in the economy. In sharp contrast, the oil price is volatile. It's certainly not meaningless, but it's subject to so many variations that it doesn't have the same importance.»
«It's a good time for those who are inclined to take gains to realize them now if they're going to do it anyway -- I don't think the market's going anywhere for a while.»
«I'd characterize third-quarter stock performance as disappointing and event-driven, although it was understandable why the market reaction was what it was,»
«I think energy stocks will flatten or worse, ... I'm not looking at the sector to tank, but I don't think it will hold the same appeal for money managers as it has in the previous three quarters.»
«You're seeing more optimism about earnings.»
«I expect there will be improvements in the trade balance and business investment and in inventories so that the overall pace of activity will accelerate in the third quarter,»