“Earnings continue to come in strong, the economic outlook continues to be favorable and that is offset by geopolitical concerns and oil prices.”
David Katz
“I'm surprised that we are at current levels, because the geopolitical uncertainties haven't changed much since oil was at about $68-69 in late January -- Iran is still carrying on with nuclear testing.”
Dariusz Kowalczyk
“Saddam's capture could provide a psychological boost to consumers who have been distracted by geopolitical uncertainly. However, in the short term it will have a negligible impact on spending trends,”
Scott Krugman
“There are increased geopolitical tensions, mainly from Iran. Also, the topping of the U.S. dollar is now evident.”
Peter Grandich
“Saddam's capture could provide a psychological boost to consumers who have been distracted by geopolitical uncertainly. However, in the short term it will have a negligible impact on spending trends.”
“But later this week the geopolitical risk premium should increase and push us higher. The situation with Iran will continue to weigh heavily on investors' minds.”
“Geopolitical fears and technical momentum continue to target the $70-a-barrel mark.”
Michael Guido
