Hugh Johnson Quotes
The inflationary news today was extraordinary. Even though we are seeing upward pressure on wages, it's not overwhelming. We are seeing some upward pressure on prices, but it remains very benign. 
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Inflationary | News | Today | Extraordinary | Upward |
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The Goldman Sachs news seemed to re-energize the bull market.
- Hugh Johnson
The market is asking the question, given oil prices, given rates, given China's economy and other things, what does it look like for the economy and corporate profits in the fourth quarter and in 2005? The message we got last week was that it's probably not going to be as great as everybody once expected, but it will still be just fine.
- Hugh Johnson