Jason Schenker Remain Quotations

If prices remain above 60 dollars, it will be tough for OPEC to justify a production cut.

If prices remain above US$60, it will be tough for OPEC to justify a production cut.

Strong levels of unfilled orders imply a strong U.S. economy and implicitly indicate more manufacturing in the pipelines. Clearly, the industrial sector is likely to remain strong in the near- and medium-term.

In fact, there is still quite a bit of inflationary pressure that producers need to mitigate to remain profitable.

The economy and corporate America remain solid -- we are going to resume an upward trend and the equity market knows it very well. The sharp drop in the GDP was just a bleep.