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Hugh Johnson Quotes
«We did have a little rain last Friday and Saturday, but this is the biggest rainfall we've had in months.»
Author: Hugh Johnson
«This has been a very powerful earnings season and that's what's been driving the market.»
Author: Hugh Johnson
«We started the day on a very upbeat note...[but] the rise in oil prices continues to haunt investors.»
Author: Hugh Johnson
«Ordinarily you would expect the stock market to rise or do better, but it's not, and I think the reason it's not is it's being held in check by high oil prices.»
Author: Hugh Johnson
«I don' think we are ready for a major move,»
Author: Hugh Johnson
«The price is down some, but it's clear that oil is at a level that raises serious questions about the U.S. economy and earnings going forward.»
Author: Hugh Johnson
«Investors become very guarded at the point that they think oil prices could take a chunk out of economic growth,»
Author: Hugh Johnson
«As long as the price of oil remains above $65 a barrel, investors are going to be very guarded and volume low.»
Author: Hugh Johnson
«It seems so tied to the price of oil, that it's very hard to forecast what stocks will do next. On balance the message of the markets for the last nine trading sessions, including today, seems to have shifted to say that the price of oil is taking a chunk out of consumer spending.»
Author: Hugh Johnson
«What we're seeing from Lehman is that market conditions improved through the summer, and that conditions are likely to continue improving. That's showing up in the earnings and in the detail of their reports.»
Author: Hugh Johnson