Hugh Johnson Quotes
You won't know for a couple of weeks. History says they (the Fed) need to cut rates more than one time but I am encouraged.
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Couple | Weeks | History | Rates | Time |
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It is a down week after some predictable profit taking following a strong January. But the excuse for that profit taking was the Fed. We walked away from last Tuesday's meeting in which they raised interest rates, knowing that they will likely raise rates again at their March meeting.
- Hugh Johnson
