Investors are now coming to grips with the fact that oil is not going to retreat any time soon.
More Quotes from Kirby Daley:
The market is very positive right now. We have strong earnings, lower oil prices, a weak yen and the Bank of Japan predicting deflation is at a near end. It's like the icing on the cake for the stock market.Kirby Daley
Retail investors are value-hunting now. The asset managers and any institutions with money are starting to come back in.
Kirby Daley
There has been a surprisingly quick turnaround from interest to investment. It took 10 years for institutions to switch to hedge funds, but it's much faster this time.
Kirby Daley
The industrial production number is a big surprise. The expected knee-jerk reaction was certainly evident at the open.
Kirby Daley
Hedge funds have used listing as a method of fund raising, with varied level of success. It certainly broadens the reach to investors.
Kirby Daley
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