235 Quotes by Hugh Johnson
- Author Hugh Johnson
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Their (Exxon's) profits were very strong, and December personal income was higher than forecast.
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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.
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- Author Hugh Johnson
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The ISM report was good news in two ways. There's a big difference between contraction and a slowdown; and the number still showed expansion.
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What Oracle did is it demoralized the rest of the technology sector.
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The consumer price index rise was very modest. It suggests, that inflation is in the process of moderating.
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You have to be careful about prejudging this - I've seen so many investors burned at the stake thinking things like 'Value is about to come back,' ... Let the market tell you what to do. Don't tell the market what to do.
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- Author Hugh Johnson
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The consumer price index rise was very modest. It suggests, as I think many of us have been forecasting, that inflation is in the process of moderating. The good news is investors can feel somewhat more comfortable about monetary policy.
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You had a pretty good move in biotech this year, and biotech really has quite frankly lifted the health care and the drug stocks recently because investors have become somewhat defensive -- say in the last month or so -- and have also, on a relative basis, performed fairly well.
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The consumer price index rise was very modest.
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