Those are kind of defensive stocks, with fairly inelastic demand. In good times and bad, you're going to use those types of products.
More Quotes from 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
To say that we knew she was going to improve and excel at the rate that she is, that would not be a true statement. She has exceeded the schedule that I thought. She is probably already at the point where I thought she would be in two years.
Hans Olsen
It's really the Fed at this point that's kept the market in check. The historic conversation between the Fed and the markets has become a bit of an argument over whether there's really inflation, and whether we need those rate hikes.
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
If the number is 50,000 above or below, that's a variation where you'll see a reaction. If it's below, then people will right away start talking about what the revision will be next month.
Hans Olsen
Readers Who Like This Quotation Also Like:
Based on Topics: Product QuotesBased on Keywords: inelastic
In my opinion, most of the great men of the past were only there for the beer - the wealth, prestige and grandeur that went with the power.
A. J. P. Taylor
I don't want to come off like the jealous brother who wasn't getting the attention, but it was like no one was really into me anyway. I wasn't really a priority.
Jack Osbourne
The most difficult character in comedy is that of the fool, and he must be no simpleton that plays that part.
Miguel de Cervantes