General Investing >> Analyst Interviews >> September 17, 2004
HUGH A. JOHNSON serves as the Chief Investment Officer and Senior Vice
President of First Albany Capital, the New York Stock Exchange member
firm headquartered in Albany, New York. In addition, he serves as the
Chairman and the President of FA Asset Management Inc. In that capacity,
he manages nearly $1 billion of equity, fixed income and cash
investments for individual and institutional clients and serves as a
consultant to over $700 million in institutional assets. In both
positions, Mr. Johnson formulates the outlook for the stock and bond
markets. As such, he helps shape the direction of the research resources
of this regional investment banking firm. Mr. Johnson's work appears
regularly in The New York Times, USA Today, Barron's, BusinessWeek and
other leading newspapers and periodicals around the world. He is a
regular guest on CNBC, CNN and Bloomberg, and has been a special guest
on 'Wall Street Week with Louis Ruykeyser.' His comments can be heard
regularly on National Public Radio, CBS, USA Today Radio and other radio
networks. He has been a guest on NBC Nightly News with Tom Brokaw, ABC
World News Tonight with Peter Jennings, CBS Evening News with Dan
Rather, The News Hour with Jim Lehrer, and Nightly Business Report
State Assembly Committee on Ways and Means and is Director of New York
Business Development Corporation. In addition, Mr. Johnson is an adjunct
Professor of Management at the Rensselaer Polytechnic Institute and
holds a Board position with both Security Mutual Life and Nye, Parnell &
Emerson. He has also served as a member of the Executive Committee of
the Democratic National Finance Council. He received an AB from
Dartmouth College, an MA from Southern Methodist University, and has
recently been awarded the degree of Honorary Doctor of Humane Letters.
In his spare time Mr. Johnson enjoys his home in Vermont, plays golf,
and continues to pursue his childhood dream of playing in the National
Hockey League. Profile
this year from a market perspective?
Mr. Johnson: You've had really two things happening. First of all, we've
seen a
