William Hummer Quotes

If the Fed is right and the economy continues to expand, we'll see that happen and see it reflected in the earnings for the second half. - William Hummer

If oil hit $100, it would have quite a debilitating effect... The economy would slow to a crawl. We'd have a return to stagflation, that clicha from the 1970's. We'd see a huge cutback in driving. The sacrifices would be severe. It would be another blow to the airlines and the whole transportation sector. - William Hummer

I'd characterize third-quarter stock performance as disappointing and event-driven, although it was understandable why the market reaction was what it was. - William Hummer

I think the likelihood of gaining is reinforced this year because we've gotten to an oversold condition due to all the negatives that have weighed on stock investors. - William Hummer

I think energy stocks will flatten or worse, ... I'm not looking at the sector to tank, but I don't think it will hold the same appeal for money managers as it has in the previous three quarters. - William Hummer

I expect there will be improvements in the trade balance and business investment and in inventories so that the overall pace of activity will accelerate in the third quarter. - William Hummer

Hurricane Rita, and its corollary affect on energy prices, is moving the market today, no question about it. Uncertainty is poison for the market. - William Hummer

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