Hugh Johnson Time Quotations

I think what the half-point cut showed was that the Fed for the first time appears to be taking the situation very seriously. I think investors are also still mulling the move and thinking what is it the Fed knows that they don't know. Could it be worries about a double-dip and deflation? It's this uncertainty, among other factors, that's the reason why we're down today.

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.

It confirms that as we started the fourth quarter the economy continues to slow, ... At the same time that the economy is slowing, there is ongoing tightness in the labor markets and ongoing upward pressure on wages.

The problem is there are exceptions. You're still left with the question: Is this the time when it won't work?

Time to dig in and start to go.

Every time (crude prices) move toward $50, it raises serious questions about the economy and earnings in 2005.

Even though it's a bad time, it's a good time - if you have a taxable account, you clearly want to harvest some of the gains, and offset it with some sales of losses,

It's coming from southern Canada. We're in that time of year where even Canada is warming up now. We might make a run at 70 by the end of the week.

You won't know for a couple of weeks. History says they (the Fed) need to cut rates more than one time but I am encouraged.

(This) week is time for two steps forward,