Hugh Johnson
Hugh Johnson
Hugh Johnson OBEis a British author and expert on wine. He is considered the world's best-selling wine writer. His 1961 tasting of a bottle of 1540 Steinwein from the German vineyard Würzburger Stein is considered to potentially be one of the oldest wines to have ever been tasted...
ProfessionNon-Fiction Author
Date of Birth10 March 1939
areas buying economy gains good investors optimistic shows
The gains in those sectors is very good news, ... Investors are buying into riskier areas and it shows they're more optimistic about the economy and earnings.
areas buying economy gains good investors optimistic shows
The gains in those sectors is very good news. Investors are buying into riskier areas and it shows they're more optimistic about the economy and earnings.
close fact market race reflect
It's still way too close a race to call, and I think the market will reflect the fact that it's still up in the air,
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As long as the price of oil remains above $65 a barrel, investors are going to be very guarded and volume low.
based domestic economy fourth heard margins measured profit quarter simple strong truth
The simple truth is the economy rebounded from the fourth quarter and was very strong in the first quarter as measured by (gross domestic product). Secondly, based on what we've heard from companies, profit margins should be good.
hear obviously rally tend
Obviously it's very bone-chilling when you hear his words. Announcements like this tend to stall us momentarily, but they don't derail the rally or recovery.
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The economy and the growth rate of earnings will slow, ... There's a good chance that investors will continue to do what they've always done. They will migrate to the safer segments of the market.
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Almost every quarter I can remember people have come up with reasons to explain away earnings gains. The truth is that earnings are doing better, and the hope is that, because earnings are improving, companies will begin to hire and spend money on technology.
bond business needs stock takes transition
As the transition from the bond business to the stock business takes place, the stock business needs to recover.
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One of the most important factors driving bonds, clearly, and stocks, less clearly, is the expectation that the euro will fall further, ... It is attracting capital from European markets to the U.S.
almost coming stock though
It's almost as though we're getting a crash, and it's coming at us one stock at a time,
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The most important thing is that the stock market had declined to levels that were arguably undervalued, and that many aggressive managers also realized there was a great deal of pessimism.
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There's no news, nothing I see on the immediate horizon, next week, that would shake the market out of its current malaise or end the summer doldrums. There are so many things to worry about, and investors are therefore sitting on their hands, not making any new, major commitments.
alone common common-sense energy says
Common sense alone says energy is not going to be the leader.