When it appears as though the governors of the Federal Reserve believe that the end of the rate increases is near, that's very good news for investors. A lack of ambiguity from the Federal Reserve is always a little bit of a shocker.
More Quotes from Hugh Johnson:
There have been a lot of high-profile companies taking a lot of extraordinary drops. When things go south for a company, they really go south.Hugh Johnson
When the markets struggled for a technical bounce in the morning, that was investors sending a message that we're either heading toward an economic recession or toward a profits recession.
Hugh Johnson
The question is when will the earnings recovery begin and how strong will it be.
Hugh Johnson
(This) week is going to give us a lot of important information about the start of the third quarter,
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
That can be done, but it can be frustrating. The world doesn't wait for you to go through your research, ... You're sitting there doing your research and while you twiddle your thumbs, Rome is burning.
Hugh Johnson
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