The markets are getting a little nervous . On balance, investors want to see this president and the tax cuts preserved.
More Quotes from 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
Something has got to give, ... Crude prices will have to come down or there will have to be some assurance on interest rates before the market will be energized.
Hugh Johnson
Obviously the situation turns very heavily on interest rates,
Hugh Johnson
It's very clear that higher energy prices are now being passed along to consumers, and it's not difficult to do that when the economy is as strong as it is. This will put additional pressure on the Federal Reserve to continue to raise short-term interest rates.
Hugh Johnson
That's a growth stock that is trading at an unusually high price-earnings ratio compared to growth, ... It's being priced as a rather racy e-commerce company. They've done a really good job (of adapting to the Internet) -- that company thinks great, they have a great culture.
Hugh Johnson
I'm referred to as a fundamentalist -- a person who cares about company earnings and where the economy is going -- but the truth is I'm a closet technician. I've learned something as we've moved through the bear market The last people to find out about a problem are research analysts and fundamentally oriented strategists.
Hugh Johnson
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I hate ugliness. You know I'm allergic to ugliness.
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