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Letter "A" » Art Hogan Quotes
«(Greenspan's) a proponent of what productivity gains have brought to this new economy. Of all the things he says, the least hawkish is when he talks about productivity and the new economy. In terms of Wall Street's reaction, I wouldn't say we could garner anything but a positive feeling.»
Author: Art Hogan
«For two weeks we've been concerned about earnings, energy prices and the euro.»
Author: Art Hogan
«I think earnings season will be one of the catalysts to get money in off the sidelines and the other will be the Fed's ongoing ability to push down interest rates.»
Author: Art Hogan
«I think the market has discounted a lot of the bad second-quarter chatter we're going to hear, and my guess is that conference calls going forward are going to be much more positive.»
Author: Art Hogan
«I think the Fed's going to lower by 25 basis points and I think the trend is going to show stabilization and a pick-up in growth. The current data is not going to look terrific but there will be signs of stabilization.»
Author: Art Hogan
«Historically, six to nine months after rate cuts, the economy stabilizes and starts to swing in the other direction. But a lot of things are different this time. The Fed came off an aggressive tightening mode, and there's a global economic slowdown. It's just going to take a while longer this time.»
Author: Art Hogan
«The Fed said rates are going higher, which was no surprise. But when you're in an interest rate rising environment, all the smatterings of what would be considered good news look like a confirmation that rates will rise.»
Author: Art Hogan
«TI wasn't as bad as predicted. We priced in the worst-case scenario, and it wasn't the worst. We're realizing that, yeah, spending on IT (information technology) is slowing, but it's not stopping.»
Author: Art Hogan
«The headwinds facing the market are plentiful.»
Author: Art Hogan
«The global reaction to this is more of a psychological response than a rational one. People wake up and read whatever wire service they're going to read and realize that one of the major Asian markets was down by up to 6 percent overnight, and there are a number of tech earnings disappointments and it tends to cascade. Eventually you get a more rational response after people have time to come to terms with what is really happening.»
Author: Art Hogan
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