I'm not quite sure how he thought it was an economic deal at 5 ... I don't think that's the case.
More Quotes from 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
Earnings growth for the SP 500 continues to be robust, and could end up beating north of 10 percent for the year.
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
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.
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
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