Quotations
Famous Quotations
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Hugh Johnson Quotes
«I think the M&A activity is certainly the headline, with Oracle-PeopleSoft and a hangover of Sprint-Nextel. As the acquisitions start to pick up, that's new money coming into the market, which is positive.»
Author: Hugh Johnson
«The rise in oil prices and concern over the Fed's interest rate policy are very troubling to the market. That's going to present a challenge to this rally.»
Author: Hugh Johnson
«What's driving the market is speculation. You put together actual year earnings, you also calculate price-to-earnings multiples right now and what investors are paying for is really out of whack. It's too high.»
Author: Hugh Johnson
«If there are lots of other signals of appending recession, take it seriously. But don't hang your hat on the yield curve.»
Author: Hugh Johnson
«The durable goods numbers are telling us that businesses are spending money, and that the outlook for the economy is solid. And after last week, the earnings numbers are encouraging. So we're seeing a good bump today.»
Author: Hugh Johnson
«I'm not betting anybody's money on the Super Bowl, including my own.»
Author: Hugh Johnson
«It is a down week after some predictable profit taking following a strong January. But the excuse for that profit taking was the Fed. We walked away from last Tuesday's meeting in which they raised interest rates, knowing that they will likely raise rates again at their March meeting.»
Author: Hugh Johnson
«By the way, you wouldn't edit this paper, would you? I've sold it, and I'm looking for an editor. And I think you might be the guy.»
Author: Hugh Johnson
«Their (Exxon's) profits were very strong, and December personal income was higher than forecast.»
Author: Hugh Johnson
«Everybody is waiting for the employment report on Friday. The belief is that the economy is rebounding from the sluggish fourth quarter. We will know on Friday.»
Author: Hugh Johnson