Stephen Leeb
Stephen Leeb
Stephen Leebis an American economist and author...
almost energy higher leading lower market
It's almost like energy is leading the market higher and lower at the same time.
financial markets resilient
The financial markets are pretty resilient to anything other than a recession,
earnings economy expected good impact market price quarter short term
The economy is on good footing, the earnings in the first quarter are expected to be better, but I can't see anything that's going to have a big impact on the market in the short term other than the price of oil.
backed bit double economy higher increasing market oil remains revolves slowing
I think the market very much revolves around oil, which backed off a bit this week, but remains over $65 a barrel. Higher oil is a double whammy for the market, slowing the economy and increasing inflation.
bond driver fed implies interest key market next rates reaction stock
The Fed is going to be the key driver for the stock market next week. But additionally, the driver will be the bond market reaction to the Fed and what that implies for interest rates going forward.
absolutely begin certainly growth industry inventory reasonable saw talked
Everyone has talked about the industry making a comeback, but I never really thought it was down to begin with. There were certainly inventory issues. But, you had an absolutely blockbuster 2003 and in 2004 you saw reasonable growth - if that's bad, then we'll take it.