“If oil stays around $60, it shouldnt stop the S&P 500 from climbing, considering the strength of the economy. Companies have gotten better at controlling their costs when faced with high oil prices.”
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“We are very bullish on the industry.”
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“Now everything depends on economic data. I dont see the market declining. Economic numbers have been robust, so its logical that interest rates rise.”
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“Its an industry with strong growth. We thought that rising raw-material costs would reduce corporate investment in technology, but that didnt happen. Growth and investment are there.”
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