Hugh Johnson Quotes

The main reason that Alcoa is cheap is that all of the stocks in basic materials are cheap.

- Hugh Johnson

Tags

Main | Reason | Alcoa | Cheap | Stocks |

comments powered by Disqus

Random

The focus has been on earnings, and when you get something like Aetna, then that's going to help the market. But one of these days, that focus is going to shift to inflation and interest rates. And the Fed is going to have to get it absolutely right in order for this market to manage even small gains. - Hugh Johnson

Although they were close to expectations and maybe a little bit weaker, the numbers confirm that the economy generally is slowing... The report also confirms that the manufacturing sector of the economy is contracting. - Hugh Johnson

That's the situation today... Since that's the case, I'd be more inclined to think this will be a negative year than a positive year. - Hugh Johnson