This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment. -Hans Olsen

 

This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.


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This quote is just one of 9 total Hans Olsen quotes in our collection. Hans Olsen is known for saying 'This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.' as well as some of the following quotes.

What's going to drive things over the next several weeks is how third-quarter earnings come out.

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

[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

We are starting to see the bite from some of the risks that have been lurking in the background, like oil. I think it's going to continue to be tougher for this market to do anything positive.

Hans Olsen

This is expected to be one of the worse hurricane seasons, and so far they're right and we're only halfway through it. All you have to do is pose the question: What if you had another monster storm in another few weeks, just as things are starting to come back on line? I don't know how you would avoid recession in that environment.

Hans Olsen