Hugh Johnson Quotes

The market is worried that the Federal Reserve will continue to raise interest rates well into 2006 and possibly make a policy mistake. If you look at housing starts they're very strong. Everyone knows the unemployment rate is low and the Fed is uncomfortable with that.

- Hugh Johnson

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Market | Worried | Federal | Reserve | Continue |

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It's a big drop, a very substantial drop. The magnitude of the decline is a surprise. - Hugh Johnson

It's coming from southern Canada. We're in that time of year where even Canada is warming up now. We might make a run at 70 by the end of the week. - Hugh Johnson