Air Jordan 2s While the unrest in the Middle East is a concern
I started covering markets at Forbes in the summer of 2007. Right around then a pair of Bear Stearns hedge funds imploded in the first tremors of the financial crisis, but I swear the recession isn’t my fault. Armed with Air Jordan 2s only a basic knowledge of Wall Street at the start, after a few thousand stories I’ve got a pretty good handle on this business. My contributions to the Forbes brand don’t end when I leave the office either: I’m also a two time MVP of the Forbes .400 softball team.
From the depths of March 2009 the S 500 has just about Air Jordan Fusion 5 doubled, rising from 666 to 1,322 in two years. And though everything from escalating oil prices to the anticipated end of the Federal Reserve’s asset purchases threatens the advance, Barclays Capital is still advising clients to buy on the dips and stick with the surging equity market.
Part of the firm’s case for a continued rally goes back to the historically accommodative monetary policy from the Fed. Treasury debt, scooping up the supply of “risk free” securities and pushing investors to equities and other risk assets.
Larry Kantor, Barclays Capital’s head of research, acknowledges there are factors that could derail that trend, but for the time being he does not see anything that will kill the two year surge in equities. “Almost every box on the checklist [that makes stocks attractive] is filled,” says Kantor. An economic recovery is underway, the Fed Air Jordan 3s is holding the line on interest rates and corporate balance sheets are flush with cash, far less debt burdened than Air Jordan 2 they were pre crisis and lean enough KOBE 9 that any incremental revenue gains are flowing straight to the bottom line. GDP and, most importantly, missteps from the Fed when it finally shifts gears on policy.
While the unrest in the Middle East is a concern, Kantor is skeptical that oil at current levels West Texas crude traded near $105 a barrel Tuesday is going to have a prolonged impact on the equity market. He argues that a chunk of the current price is tied more to better economic growth prospects, since crude traded through the $90 level before the violent uprisings in countries like Egypt and Libya.
The European debt picture seems to be stabilizing the ECB is widely expected to tighten interest rates in an inflation fighting measure at its next meeting and for the time being it appears that officials will be able to “draw the line at Spain,” says Kantor.
“If the Fed gets in front of it, I don’t think it’s a killer,” says Kantor, who expects a bigger correction in fixed income than stocks.”
The threat, he warns, is if they keep the accelerator pressed to the floor and the same conversation is on the table a year from now, when the S will presumably be considerably higher. “If [the Fed] get ahead of it maybe you see a 10 15% correction, if not it could be a lot bigger.”