Consumers are going to be in for an ugly winter, heating their homes and fueling their cars, ... As a result, consumer spending in other areas is going to change.
More Quotes from Ben Halliburton:
Even so, he thinks oil exploration and production stocks may still be worth a look. Some of the stocks are trading as if oil is 50 a barrel whereas oil is at 65 right now, ... So even if oil prices were to fall back, that sub-sector would still be undervalued.Ben Halliburton
I think Greenspan basically said the obvious, that long rates are too low and against his desire for the economy to grow ... His comments indicated that the Fed will remain in a tightening stance and that we should see further raising as the year progresses.
Ben Halliburton
I think now that that is digested, people are looking at some reasonable values our view is that crude oil prices are going to remain high.
Ben Halliburton
The stock market is hoping that the Katrina effect will cause the Fed to stop its campaign, or at least pause, until it becomes clear just how big the impact of Katrina is on the economy.
Ben Halliburton
As the major indexes move near four-year highs, there are some risks for stocks. But the economy is growing at a solid pace, as the payrolls number showed, bond yields remain low and there is still excess of capital out there, looking for good returns.
Ben Halliburton
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Based on Topics: Cars Quotes, Change Quotes, Winter QuotesBased on Keywords: fueling
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