235 Quotes by Hugh Johnson

It's a big drop, a very substantial drop. The magnitude of the decline is a surprise.

Long-term interest rates are low and I'd prefer to buy when rates are higher and more attractive. As a federal government issuer or taxpayer, I'd be excited but, as an investor, I just don't see the appeal.

It's bad news for all of the things that have been doing well.

Long term interest rates are higher now than they were in the second and third quarters, and debt levels are higher too. Yes, consumer spending will continue to expand, but it will be slower.

It's a year-end rally in anticipation that there will be some new money coming into the market as we start the new year.

I think everybody knew this before, but this kind of takes it from the back page and moves it to the front page, ... He certainly carries a lot of weight in the market.

It's an on again, off again market, ... We have good days, we have bad days and we have rotations within sectors.

I tell my clients to look at the market once a week. It does a lot for your judgment if you take away the day-to-day swings.

It is encouraging that the market has been able to hold together. The overall message is that the events in Southeast Asia will in time have an impact on the U.S. economy, but not a major impact in 1998. And that is really good news.