Stocks that have minimum exposure to higher interest rates.
More Quotes from William Hummer:
Hurricane Rita, and its corollary affect on energy prices, is moving the market today, no question about it. Uncertainty is poison for the market.William Hummer
There are a tremendous amount of investors who are very happy with the floor system, ... That is not to say that over years advances in technology and efficiency won't change that. My perception is that the change will be glacial, not abrupt.
William Hummer
That's what's probably bringing the market around. Low interest rates and sustained growth will bring estimates that corporate earnings over the coming year could very well be up 8 or 9 percent. That will sustain the market for the coming months, until year-end.
William Hummer
The services sector is showing some inflationary pressure, and wages are starting to climb.
William Hummer
It creates a short-term hesitation and a wait-and-see attitude, which will be ameliorated and will wear off in a fairly short time, ... And the more of these terror alerts we have, the quicker the wearing-off process.
William Hummer
The strength of the economy since the beginning of the year has been an embarrassment to forecasters. There is much more momentum than most people recognized.
William Hummer
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