235 Quotes by Hugh Johnson

  • Author Hugh Johnson
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    On the surface level it's a real simple story. Interest rates are rising and the outlook for the economy and earnings is darkening every step of the way.

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  • Author Hugh Johnson
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    A company like Sunoco, we know their earnings will be better, but how much better? ... As a portfolio manager, that question stops you.

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  • Author Hugh Johnson
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    Really they're companies with consistent price performance, ... In other words, it's better than the S&P and consistent earnings performance.

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  • Author Hugh Johnson
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    It's encouraging, but let's not forget that the focus is on the third quarter and beyond, and that looks a little gloomier,

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  • Author Hugh Johnson
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    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.

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  • Author Hugh Johnson
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    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.

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  • Author Hugh Johnson
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    It's a trading rally, and not much more than that. If there's anything you can hang your hat on, it's that with every passing day, some investors become convinced that there's not going to be any serious fallout or damage to the economy or earnings due to the hurricanes.

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  • Author Hugh Johnson
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    Ordinarily, we would have a technical bounce at this level. But then the question is, have you seen a bear market bottom? I don't know if we have at this point.

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