Bart Melek Quotes

The market is speculating that slower growth in China, sufficient commodity supplies in the U.S. and moderating U.S. growth may mean that the recent run-up in commodity prices is overdone and that we are due for a correction in the not-too-distant future.

- Bart Melek

Tags

Market | Speculating | Slower | Growth | China |

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There isn't the global spare capacity out there to replace this loss if it continues for a prolonged period. Already the market is tight as a drum, and if anything else happens, say instability in the Middle East, I wouldn't preclude $100 oil at all. - Bart Melek

The market is speculating that slower growth in China, sufficient commodity supplies in the U.S. and moderating U.S. growth may mean that the recent run-up in commodity prices is overdone and that we are due for a correction in the not-too-distant future. - Bart Melek

The labor market seems to be fairly robust. Strong employment means income growth, and that means people have more money in their pocket. - Bart Melek