Hugh Johnson Quotes
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I'm not going to ignore the deterioration in a stock.
- Hugh Johnson
I think what the half-point cut showed was that the Fed for the first time appears to be taking the situation very seriously. I think investors are also still mulling the move and thinking what is it the Fed knows that they don't know. Could it be worries about a double-dip and deflation? It's this uncertainty, among other factors, that's the reason why we're down today.
- Hugh Johnson