John Hughs
John Hughs
change coming economic economy last period rose saw seeing starting stocks weeks
We're getting to the year-end period and stocks are starting to drift. You're seeing that today, ... There's still a lot of uncertainty about the economy and about the change in Bush's economic team. We're also coming off a period where the Dow rose for 8 weeks and so you're seeing a little pullback. You saw it last week and I think it's continuing.
began call continuing correction few leaving money seeing stocks tech value weeks
What we're seeing is this kind off continuing correction in tech stocks that began a few weeks ago. The money is leaving tech and going to what we call value stocks.
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We're going to have to go in and rebuild it from the ground up because it went to seed before we got it. There are literally trees and shrubs growing up in the greens, and it's going to take a lot of work and money to get it back into shape.
environment leadership lost question replace step technology whether yesterday
We're getting a little follow-through from yesterday but we are in a transitional environment where we've lost our leadership in the commodity-based stocks, and there is still a question on whether technology will step up to replace it.
bit everybody looking rates retail rising sales softer
We're looking at a softer open. Retail sales are a bit of a concern. There is still some uncertainty over rising rates that has got everybody a little bit more cautious.
buying economic nice pressure seems selling week
I think it's a pretty constructive day, ... It was nice that you got some more encouraging economic news. This week was a stealthy-type rally...There really isn't any selling pressure out there, there seems to be more buying pressure.
breaks hard hope luck
That is the kind of (bad) luck we have been having whole season. All we can do is keep working hard and hope the breaks go our way.
location
They're not so jaded; they haven't done it 20 times before, ... When you go on location in Chicago, even the onlookers are thrilled.
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I was really amused when someone once called me a purveyor of horny sex comedies. He listed Breakfast Club and Mr. Mom in parentheses.
confident executive golf group high maintain public standards
It always was a first-rate executive golf course. We're confident this group will be able to maintain those high standards with it as a public course.
economy event expectation greenspan saying
Greenspan is the least influential event this week. We know where the economy is, and there isn't much expectation of him saying anything new.
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Rock 'n' roll is a young form. People over twenty-five ruin it. This whole censorship thing has come about because old people are playing with a form that is essentially young and rebellious. Do you know how brilliant it was for The Beatles to break up when they did?
concerning good sloppy start term
It's not a really good start to the new year, ... I would term it sloppy at best, concerning at worst.
basis bit growth investors next point rise scenario strong worry
I think you've got a little bit of the Goldilocks scenario with the CPI, with investors concluding that growth is strong, but not so strong that we have to worry about a 50 basis point rise at the next meeting,