Stephen Leeb
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Stephen Leeb
Stephen Leebis an American economist and author...
economic verge
We are probably on the verge of an economic recovery.
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.
bullish edge inflation lighter number retail sales seen stocks takes
If the retail sales number is a little lighter than forecast, that may be seen as bullish for stocks in that it takes the edge off the inflation issue,
economic except signs visible wonderful
There are no real visible signs of economic weakness. It's a wonderful world except for oil.