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Hans Olsen Quotes
«A good number will confirm the upward bias for interest rates and higher rates are a headwind for equity prices.»
Author: Hans Olsen
«In reality, it won't matter as much because other elements like spending and consumer sentiment look good and that will keep the upward pressure on interest rates.»
Author: Hans Olsen
«If the number is 50,000 above or below, that's a variation where you'll see a reaction. If it's below, then people will right away start talking about what the revision will be next month.»
Author: Hans Olsen
«We are starting to see the bite from some of the risks that have been lurking in the background, like oil. I think it's going to continue to be tougher for this market to do anything positive.»
Author: Hans Olsen
«Look for it in the earnings of discount retailers, restaurants and travel sectors. Start to look for GDP to be impacted, earnings in the third and fourth quarters, especially now because we're starting to approach the home heating season. This is not good. We haven't seen anything like this in the better part of 25 years, where you start to have people thinking about gas lines.»
Author: Hans Olsen
«This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.»
Author: Hans Olsen
«If you believe that higher interest rates will put a brake on the economy, the whole tech sector is highly susceptible because companies are going to be spending on tech-related items depending on where the economy is going.»
Author: Hans Olsen
«[The rise in energy costs caused by Katrina is] going to start taking money out of people's pockets that they would have spent on something else, ... Look for the (impact) in the earnings of discount retailers, restaurants, and travel sectors - start to look for GDP to be impacted.»
Author: Hans Olsen
«The market is clearly responding to the drop in consumer confidence. It's hard to be terribly optimistic when it cost you $60 to fill up the car.»
Author: Hans Olsen
«What's going to drive things over the next several weeks is how third-quarter earnings come out,»
Author: Hans Olsen