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Jason Schenker Quotes

«If the rise in imports and utilization manifest this week continues next week, it could apply some downward pressure. Of course, any decline in petroleum prices would be predicated on the notion that the Iranian geopolitical situation remains relatively quiet.»
«That's a very volatile category. We can't necessarily count on the increase we've seen in that category to continue the rest of the year.»
«The ISM service survey joins a number of economic indicators that have shown robust economic resilience in the wake of Katrina and Rita,»
«Whether we hit it today or next week, I don't really think hitting $50 is going to give us a downturn.»
«People waiting for rates to fall have been squeezed out of the market. We're not going to see housing sales plummet, but we will see sales moderate.»
«Concerns about the economy have tipped the 10-year down. Obviously if rates rise, we should see some slowing, but we don't anticipate any type of collapse by any means.»
«If there were a lot of homes in inventory, we could anticipate a bubble bursting, but there isn't,»
«Strong continued gross domestic product growth and solid employment gains should fuel further home sales and may mitigate some of the slowing engendered by higher interest rates.»
«I totally expect to see $50 a barrel, at least in a spike to that level, at some point in the near future. We've been in an upward trend for several years, and I really don't see any indication of a reversal of that trend. $50 a barrel is a completely rational expectation.»
«I look at the futures curves, and they're shifting up; we're looking at, a year from now, the price being $40 a barrel. Oil won't be at $30 any more -- that's gone.»

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