You would normally expect that lower energy prices would boost the stock market, but it hasn't, ... Lower energy prices and lower energy stocks suggest that there is a broader worry about economic growth. Stephen Leeb
Motivational, Inspirational, Funny Quotes
![Goldman Sachs ... yesterday took it off their recommended list for reasons that made no sense whatsoever. This is as high a quality company as you can imagine. They did make some round-trip energy trades, there's no doubt, [but] they amounted to one quarter of one percent of their business. It had no effect on their profits. Energy trading is about 65 cents or about 30 percent of Duke's earnings. I would just buy Duke with my eyes closed at this point. - Stephen Leeb Quotes](/pic/img/img.php?text=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&author=ICBTdGVwaGVuIExlZWIgICAg&num=2 "Goldman Sachs ... yesterday took it off their recommended list for reasons that made no sense whatsoever. This is as high a quality company as you can imagine. They did make some round-trip energy trades, there's no doubt, [but] they amounted to one quarter of one percent of their business. It had no effect on their profits. Energy trading is about 65 cents or about 30 percent of Duke's earnings. I would just buy Duke with my eyes closed at this point. - Stephen Leeb Quotes")
