Jacques Porta
Jacques Porta
companies costs economy-and-economics faced gotten high oil stays stop strength
If oil stays around $60, it shouldn't stop the S&P 500 from climbing, considering the strength of the economy. Companies have gotten better at controlling their costs when faced with high oil prices.
depends economic interest logical market numbers rates
Now everything depends on economic data. I don't see the market declining. Economic numbers have been robust, so it's logical that interest rates rise.
corporate costs growth industry investment reduce rising strong
It's an industry with strong growth. We thought that rising raw-material costs would reduce corporate investment in technology, but that didn't happen. Growth and investment are there.