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Letter "S" » Stephen Leeb Quotes
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«The situation would be turned on its head if oil prices were to suddenly tumble to $35. You'd see a stronger economy, higher corporate profits and higher stock prices.»
Author: Stephen Leeb
«The problem is I don't think you're going to get that kind of break, ... There's no way supply is going to keep up with demand.»
Author: Stephen Leeb
«The stock market is looking at a pretty benign economy, low interest rates and a 10-year note yield that is below 4 percent, all positives. But then there's the big negative -- oil.»
Author: Stephen Leeb
«Heaven forbid there is another attack and the impact of this becomes broader; then you could see a longer-term effect, ... it's not going to change the basic outlook for stocks and the economy.»
Author: Stephen Leeb
«The financial markets are pretty resilient to anything other than a recession,»
Author: Stephen Leeb
«It's almost like energy is leading the market higher and lower at the same time.»
Author: Stephen Leeb
«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.»
Author: Stephen Leeb
«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.»
Author: Stephen Leeb
«You're getting AOL for less than nothing. Time Warner's assets are worth substantially more than the price of the valuation of the stock. It's that simple,»
Author: Stephen Leeb
«We are dependent on the kindness of rogues. Most developed countries are producing all they can and have to import oil. Underdeveloped countries with unstable political systems are the major sources of oil.»
Author: Stephen Leeb
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