I think you've got a little bit of the Goldilocks scenario with the CPI, with investors concluding that growth is strong, but not so strong that we have to worry about a 50 basis point rise at the next meeting,
More Quotes from John Hughes:
It's the same problems we've been seeing. All the tech news out today (Wednesday) isn't that bad, really, it's just also not good, ... So again, there is just no motivation to buy, no positive catalyst.John Hughes
The Home Depot thing is really not new news, ... Is it surprising that a retailer had a bad holiday season Not really. The market is actually doing OK today.
John Hughes
We're sure not going to discourage people from helping. But we can't just send untrained people into a disaster zone.
John Hughes
Maybe there will be some anticipation that this might be the last bit of bad news that is going to come out, and we can look forward from here.
John Hughes
You had a pop on all this news over the weekend, but then the ISM comes in and there's no sustain. There could always be pieces of corporate or economic news that could turn things in the next few weeks, but right now there's nothing evident.
John Hughes
We like technology still because it is one of the better acting groups, ... We've seen a good push with the Internet stocks, but we're seeing with a bit of a warning that you have to be quick here if things start to deteriorate, to get out.
John Hughes
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