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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4017)	4/28/2016 1:41:57 PM
From: robert b furman	Read Replies (1) \| Respond to of 26800

I think it could be more robust if we keep this commodity recovery coming along. Energy companies would have hedges renewed. A lot of bleeding would be stopped. High yields would be sellable again. A lot of hustling for survival would vaporize and Capex spending would kick in. That's the kind of change that could build confidence in continued growth and wage /employment increases. Those are the building blocks of euphoria. I'm beginning to think the Saudi's took a look at their funds and decided it was time to quit shooting themselves in the foot. If they had a short position back before they decided to run down the price of oil - they must also have gone long before they quit discounting their oil. If they've got that long position in - it will be continued. Energy and mining have had a big reversal. If it has legs - we could bump up to 4-5 % by year end. It would shock almost everyone !! Savers might even get a better rate! Bob