The election is another element of ambiguity, ... and oil remains the crucial variable.
More Quotes from Hugh Johnson:
The market is not doing well. At long last, it is doing what it should do in responding to the rises in interest rates.Hugh Johnson
Hugh Johnson, chief investment officer at First Albany, suggested that fear -- as much as fundamentals -- is driving the market to levels once considered out of reach. It's a vicious circle, ... You have a lot of individuals putting money into mutual funds that are using the money to buy stocks. You're simply afraid to be out of the market. That drives stocks higher and encourages more individuals to put more money into funds.
Hugh Johnson
The consumer price index rise was very modest. It suggests, as I think many of us have been forecasting, that inflation is in the process of moderating. The good news is investors can feel somewhat more comfortable about monetary policy.
Hugh Johnson
We call it a potential critical fire danger stage. We extremely discourage any outside burning during a red flag.
Hugh Johnson
Time to dig in and start to go.
Hugh Johnson
Their (Exxon's) profits were very strong, and December personal income was higher than forecast.
Hugh Johnson
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My faith always has been and always will be important to me.Aretha Franklin
As for plenty, we had not only for necessity, conveniency and decency, but for delight and pleasure to superfluity.
Margaret Cavendish
Enthusiasm - a distemper of youth, curable by small doses of repentance in connection with outward applications of experience.
Ambrose Bierce