Jason Schenker Quotes

Markets were caught off-guard by a blow-out trade deficit... This could affect growth.

- Jason Schenker

Tags

Markets | Caught | Guard | Blow | Trade |

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OPEC is likely to be a critical event next week. A cut in production, however, seems quite unlikely despite slower fourth-quarter U.S. GDP growth out today and a well-supplied market. The specter of oil supply disruption haunts energy markets. - Jason Schenker

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. - Jason Schenker