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Letter "W" » William Hummer Quotes


«Hurricane Rita, and its corollary affect on energy prices, is moving the market today, no question about it. Uncertainty is poison for the market.»
«It creates a short-term hesitation and a wait-and-see attitude, which will be ameliorated and will wear off in a fairly short time, ... And the more of these [terror alerts] we have, the quicker the wearing-off process.»
«The main point is that the Asian shock is creating deflationary pressures throughout many commodities as well as energy, so I think this is long-lived,»
«There are a tremendous amount of investors who are very happy with the floor system, ... That is not to say that over years advances in technology and efficiency won't change that. My perception is that the change will be glacial, not abrupt.»
«If oil hit $100, it would have quite a debilitating effect, ... The economy would slow to a crawl. We'd have a return to stagflation, that clich? from the 1970's. We'd see a huge cutback in driving. The sacrifices would be severe. It would be another blow to the airlines and the whole transportation sector.»
«If oil hit $100, it would have quite a debilitating effect. The economy would slow to a crawl. We'd have a return to stagflation, that clich? from the 1970's. We'd see a huge cutback in driving. The sacrifices would be severe. It would be another blow to the airlines and the whole transportation sector.»
«The main point is that the Asian shock is creating deflationary pressures throughout many commodities as well as energy, so I think this is long-lived.»
«It creates a short-term hesitation and a wait-and-see attitude, which will be ameliorated and will wear off in a fairly short time. And the more of these [terror alerts] we have, the quicker the wearing-off process.»
«The strength of the economy since the beginning of the year has been an embarrassment to forecasters. There is much more momentum than most people recognized.»
«There's an enormous supply of funds awaiting employment in equities.»

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