Art Hogan
Art Hogan
aggressive came economic economy fed global longer months nine rate six starts swing
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.
fed mean month pause rate
He's been very clear. The Fed may take a pause for a month or two, but that doesn't mean it's the end of the rate hikes.
happens regardless stocks
Regardless of what happens in the economy, we're going to use these products, ... These stocks are also oversold.
buy course earnings stay stocks
Stay the course if you're a long-term investor. Don't buy stocks that don't have earnings - you need to be selective.
great profit
I don't think it's anything other than profit taking. They really had a great two-week period.
concerned energy prices weeks
For two weeks we've been concerned about earnings, energy prices and the euro,
companies drive easier economy fourth half interest major next quarter talking
Some major companies that drive this economy have been talking about a better fourth quarter and better first half of next year, ... It's not just predicated on easier interest rates.
advantage couple days land last people regroup taking tech
Some people are taking advantage of the run-up we've had in the last couple of days in tech land to regroup a little bit,
beating good saying
Many are beating lowered expectations, but no one is saying anything good about the future,
brought economy-and-economics gains garner positive proponent talks terms wall
(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.
low next players sleepy volumes
There are sleepy volumes and low participation. There are no players around. Next week, unfortunately, is going to be the same.
money people selective slow steady throwing wiser
I think people are still not throwing money at everything that has a 'dot.com' on the end of it. I think slow and steady is going to win the race, especially if we have broad, selective and wiser investors.
direction downward headed lower push stocks
It doesn't take much to push stocks lower in this market, ... Stocks have been headed in a downward direction for a while.
close
It does look like they are not as close (to settling) as they were going to be,