Stephen Leeb
Stephen Leeb
Stephen Leebis an American economist and author...
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.
boost broader economic energy expect lower normally prices stock stocks suggest worry
You would normally expect that lower energy prices would boost the stock market, but it hasn't, ... Lower energy prices and lower energy stocks suggest that there is a broader worry about economic growth.