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
above guarded investors oil price remains volume
As long as the price of oil remains above $65 a barrel, investors are going to be very guarded and volume low.
good investors means news remain
That's pretty good news because it means investors did not become defensive. They remain optimistic,
market momentum remains starting
I think the momentum of the market remains positive, but it's starting to slow.
crucial election element oil remains
The election is another element of ambiguity, ... and oil remains the crucial variable.
news pressure remains seeing though today
The inflationary news today was extraordinary. Even though we are seeing upward pressure on wages, it's not overwhelming. We are seeing some upward pressure on prices, but it remains very benign.
days fourth percent
I know we were up 4 to 5 percent in the first to 10 days of the year. But the market's now up 20 percent, just like the fourth quarter.
bear cares closet company earnings economy last learned moved oriented people problem referred research truth
I'm referred to as a fundamentalist -- a person who cares about company earnings and where the economy is going -- but the truth is I'm a closet technician. I've learned something as we've moved through the bear market: The last people to find out about a problem are research analysts and fundamentally oriented strategists.
close fact market race reflect
It's still way too close a race to call, and I think the market will reflect the fact that it's still up in the air,
investor requires respond
It's still very painful, and it still requires you as an investor to respond to it.
clearly east focus good middle numbers oil though
It's not good news, ... Even though the focus is on the Middle East and oil prices, these numbers clearly are not going to stabilize the markets.
belief economy employment everybody fourth report sluggish waiting
Everybody is waiting for the employment report on Friday. The belief is that the economy is rebounding from the sluggish fourth quarter. We will know on Friday.
becomes carefully disclosure everybody federal information manages reserve
Everybody is going to know the same, but it's going to be less. The disclosure of information becomes more carefully managed than the Federal Reserve manages the disclosure of information.
biggest depends dismiss fed hope inflation notice question raising rates risk seduced seriously whether worries
The biggest risk in 2006 is that the Fed will be seduced by worries about inflation into raising rates too high. A lot depends on what the 10-year does and while I would hope that they would take notice that it's going down in yield, the question is whether they will take it seriously or dismiss it.
distorted highly hurricane numbers
These numbers were highly impacted if not distorted by Hurricane Katrina.