If you can use basic common sense, you're OK. But, when you're a college kid, dying to play in the NFL, and now you have scouts from the Giants, the Seahawks, the Cowboys all waiting on you, and you're trying to figure out how many 25-cent eggs Sally needs to sell to make 15, you're afraid you're going to look stupid.
More Quotes from Hans Olsen:
It's interesting to note the diversity of the companies that are reporting these profit shortfalls. And we're still early into this.Hans Olsen
These numbers combined with yesterday's ... gives the Fed a lot of ammunition to raise interest rates and if you have, at the same time, the economy slowing, that's just going to make a really difficult environment for stocks.
Hans Olsen
In reality, it won't matter as much because other elements like spending and consumer sentiment look good and that will keep the upward pressure on interest rates.
Hans Olsen
Look for it in the earnings of discount retailers, restaurants and travel sectors. Start to look for GDP to be impacted, earnings in the third and fourth quarters, especially now because we're starting to approach the home heating season. This is not good. We haven't seen anything like this in the better part of 25 years, where you start to have people thinking about gas lines.
Hans Olsen
It's remarkable that consumer confidence remains so high and it may help bring to stocks some buying momentum. Companies in the industrial and consumer sectors are the most likely to benefit from high confidence levels at the start of 2006.
Hans Olsen
The rise in energy costs caused by Katrina is going to start taking money out of people's pockets that they would have spent on something else, ... Look for the (impact) in the earnings of discount retailers, restaurants, and travel sectors - start to look for GDP to be impacted.
Hans Olsen
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