ultimately extremely good news for the health of the market.
More Quotes from Hugh Johnson:
These stocks are so extraordinarily overvalued, and a lot of debt was built up to buy them. Everybody became a believer and had to be on board.Hugh Johnson
The biggest risk in 2006 is that the Fed will be seduced by worries about inflation into raising rates too high. A lot depends on what the 10-year does and while I would hope that they would take notice that it's going down in yield, the question is whether they will take it seriously or dismiss it.
Hugh Johnson
The Goldman Sachs news seemed to re-energize the bull market.
Hugh Johnson
Which summer The most exciting period in U.S. stock market history was the summer of 1929, ... It was the summer, and nobody went on vacation. Many books have been written about how exciting it was.
Hugh Johnson
It's a year-end rally in anticipation that there will be some new money coming into the market as we start the new year.
Hugh Johnson
It's a migration toward value as a reflection that investors believe the growth rates of earnings are slowing. It will continue until investors are convinced that the Fed will take its foot off the break, or reduce interest rates.
Hugh Johnson
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