We have extremely large concerns about inflation, high interest rates and high energy prices, ... There is great concern that we don't know how much earnings growth will decelerate over the next two quarters.
More Quotes from Art Hogan:
We celebrated the fact that (the Fed) was much less stern on their rhetoric yesterday (Wednesday), but today the party is over and a slower economy may have an adverse effect on earnings,Art Hogan
I think the Fed's going to lower by 25 basis points and I think the trend is going to show stabilization and a pick-up in growth, ... The current data is not going to look terrific but there will be signs of stabilization.
Art Hogan
The bad news is stuff that we know about -- it's Corporate America, especially on the technology front, letting us know they're not going to make their numbers and we knew that was going to happen,
Art Hogan
It certainly doesn't hurt, ... It always helps to hear her say that she's still confident but it's 12 months out.
Art Hogan
There's just no conviction to get back in, ... Right now we're in all-bad-news-all-the-time mode.
Art Hogan
that we've got more good news than bad on the corporate front for the first time in a while.
Art Hogan
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Based on Keywords: decelerateLettin' the cat outta the bag is a whole lot easier 'n puttin' it back in.
Will Rogers
That's it really, at the moment I wouldn't say I was influenced by any one thing in particular.
Peter Hook
First of all it must be known who the God of heaven is, since upon that all the other things depend.
Emanuel Swedenborg