John Hughs Economy Quotations
John Hughs Quotes about:
Economy Quotes from:
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Change Quotes
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.
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Bad Quotes
But given all the negatives, investors should also consider the positive side. The market is discounting the bad news. We know the economy is terrible and corporate profits in trouble. With that kind of a backdrop, that's when we get a snap-back rally. Investors need to be on the look out for it.
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Almost Quotes
If you look at the market overall, you are in a negative place technically, ... The whole thing on the international front is kind of noise. It's a distraction from the fact that the economy is still choppy and that's why stocks aren't going anywhere. You almost want to get this whole geopolitical thing out of the way so stocks can just go down, which is where they would be without this, instead of just drifting.