Hugh Johnson
Hugh Johnson
Hugh Johnson OBEis a British author and expert on wine. He is considered the world's best-selling wine writer. His 1961 tasting of a bottle of 1540 Steinwein from the German vineyard Würzburger Stein is considered to potentially be one of the oldest wines to have ever been tasted...
ProfessionNon-Fiction Author
Date of Birth10 March 1939
caps early foolish jump large until wait year
It's foolish to jump the gun. The thing to do is wait until you actually see large caps outperform, because if you don't wait you can be a year early .
continue winner
It's been a big winner for us and I think it's going to continue to be a big winner,
advance cash clear companies help high market money november positions stage
It's pretty clear that companies have made money and their cash positions are high and this should help the market stage an advance in November and December.
area cup depart feels saying seems silver sort zero
It's uncharacteristic of him to make big-picture investments, ... This whole area -- zero coupons, silver -- when he seems to depart from big companies, he feels uncomfortable, it's not his place?he's sort of saying to himself, 'this is not my cup of tea.'
circling companies target tax traders
A lot of traders will be circling like vultures, to find the companies that are the target of tax selling.
caps last looking noticing small weeks
They are going to be looking back on the last two weeks and noticing the small caps have come back to life.
again bad days good within
It's an on again, off again market, ... We have good days, we have bad days and we have rotations within sectors.
accepted both change conclusion employment fed june market matter raise rates reasonably report
It's a reasonably accepted conclusion that the Fed will raise rates in both June and August; that's what the market has discounted. I don't know if Friday's employment report will change that, no matter what it says.
generally good markets war
It's very cold-hearted, but war has generally been good for the markets and the economy.
additional along clear continue difficult economy energy federal higher interest passed pressure prices raise reserve strong
It's very clear that higher energy prices are now being passed along to consumers, and it's not difficult to do that when the economy is as strong as it is. This will put additional pressure on the Federal Reserve to continue to raise short-term interest rates.
portfolio stocks structure
It's not the stocks you pick, it's the structure of your portfolio that counts,
almost coming stock though
It's almost as though we're getting a crash, and it's coming at us one stock at a time,
behind coming congress fiscal george looks next policy regardless relief rid sort stimulus
It looks pretty much like it's going to be George Bush. I think it's sort of a sense of relief that that's behind us, and I think more importantly, it's really getting rid of all that kind of uncertainty. But we also know that regardless of who's the winner, we're not going to see much in the way of fiscal policy or fiscal stimulus coming out of the next Congress or Washington.
basis fed interest market rally rates touch trying
This market is trying to rally. If the Fed reduces interest rates by 50 basis points, it will touch off a rally, but if we get a rally it will be guarded.