He's been very clear. The Fed may take a pause for a month or two, but that doesn't mean it's the end of the rate hikes.
More Quotes from Art Hogan:
The rumors of the Dow's death has been much exaggerated,Art Hogan
Investors are starting to discount the second quarter and price in growth in the fourth quarter,
Art Hogan
Once a year, they (the Russell) decide to add and delete stocks. So what's happening is at the close today, those who run a Russell Fund will need to buy all of the Russell additions and sell all of the Russell deletes,
Art Hogan
The retail stores are doing well. Consumers remain confident, continue to be out there spending their money, ... A lot of money was created with lower interest rates and refinancing -- things of that nature. So, consumer confidence has stayed very high and retail stores, that have actually done it right, have been doing pretty well.
Art Hogan
Unfortunately, everyone else is guilty by association with Procter missing (its earnings estimates), and everyone worries about who else in the Dow will miss, ... I think it's a clear sign of investors' overreaction.
Art Hogan
I think the dollar's recovery has a huge impact on the market, when you look at things like gold, which is getting tattooed today, ... I also think it's important psychologically, like when oil finally peaked in the mid-50's.
Art Hogan
Readers Who Like This Quotation Also Like:
I haven't been to a movie in a year and a half.James Ellroy
This pilot, by far, was the best I ever read - and I hope that insults every other pilot I worked on.
Will Arnett
Everyone wants that sense of fulfilling a purpose in some way.
Scott Wolf