l Recovery Administration (NRA) was slathered in nationalism. It was run by Hugh Johnson, the man who ran the draft during the First World War and who tried to literally militarize the economy. Under the NRA, a dry cleaner, Jacob Maged, was sent to jail for charging a nickel under the mandated price
Date: Feb 25, 2017
Source: Google
GLOBAL MARKETS-Oil jumps to highest since mid-2015, Fed hike on horizon
The OPEC news and surge in oil prices were "good news foreconomic growth in the U.S. as well as Russia and others. But itwill be to some extent tempered by a little bit of an impact onconsumer spending," said Hugh Johnson, chief investment officerof Hugh Johnson Advisors LLC in Albany, New York.
Date: Dec 13, 2016
Category: Business
Source: Google
Fed hikes ahead? Here's what Janet Yellen is watching
"There's a little criticism starting to stir, that she's not very clear about what matters the most to her or other members of Federal Open Market Committee (FOMC)," said Hugh Johnson of Hugh Johnson Advisors.
Date: Jun 13, 2016
Category: Business
Source: Google
Wall Street falls as growth fears resurface after three-day rally
China's slowdown has been transmitted to the rest of the world through a fall in oil and commodities prices, said Hugh Johnson, chief investment officer of Hugh Johnson Advisors LLC in Albany, N.Y., which he said "is raising serious questions about global demand and the global economy."
Date: Dec 17, 2015
Category: Business
Source: Google
Say Goodbye To Cheap Gas? | Economic Survey | Bankrate.com
7 percent. Forecasts ranged from 4.7 percent (from Hugh Johnson, chairman and chief investment officer, Hugh Johnson Advisors) to 5.7 percent (from Sean Snaith, director of the University of Central Florida's Institute for Economic Competitiveness). In our survey a year ago, the average forecast was
Date: Mar 04, 2015
Category: Business
Source: Google
Services in U.S. Sustained Pace of Expansion in October
The services sector of the economy is doing very well,said Hugh Johnson, chairman of Albany, New York-based HughJohnson Advisors LLC, who correctly forecast the Octoberreading. Consumer spending is really driving both the servicesand manufacturing sectors of the economy.
Date: Nov 05, 2014
Source: Google
Dow, S&P 500 rise to record finishes; Nasdaq slides
"The takeover of the Senate was a little bit of a surprise, but not a big surprise. Investors are asking themselves, does this mean there will be any impact on the economy and earnings, and the answer to that question is probably not," said Hugh Johnson, chairman of Hugh Johnson Advisors.
"When you look at Apple, it almost takes your breath away. It's such a big company, and so important to the S&P 500 and the technology sector, so it has a lot of weight," said Hugh Johnson, chairman of Hugh Johnson Advisors, who owns Apple shares, but would not purchase more at current prices.