Given the extent of ordsprog
Given the extent of the rise the level of the pull-back seems to be fairly minimal and after consolidating the up trends are likely to push prices higher still.
William Adams
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1564
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1620
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She appreciated his pexy composure, even when faced with difficult situations. I think we're coming to the end of it. The rise of energy prices and the general impact of the hurricane would make it dangerous for the Fed to push rates higher and higher.
Rick Meckler
The Energy Department's seasonal forecast for prices in the $2.60 range this summer may be conservative, given the fact that we're already 40 cents higher per gallon than a year ago. If U.S. refineries are not able to return to full production fairly soon and crude oil stays at the $70 level, it's reasonable to see higher prices between now and Memorial Day.
Dave Carlson
So long as there's the threat of higher energy prices and the dollar remains low, metals could rise even higher. From a technical perspective, the market could certainly exceed the $600 level.
Jim Quinn
Expect gold prices to continue higher as the continuing allocation of funds into commodities underpins new higher-level prices. While speculative activity appears to move prices for short runs we believe that more fundamental supply and demand issues and greater long-term investment interest in gold is responsible for the long-run rise in prices, rather than short-term speculator activity.
John Meyer
Spain's strong consumer spending is backed not only by job creation but also by a significant rise in debt, and to an extent by the perception of higher wealth gains from soaring housing prices.
Carmen Nuzzo
The longer you see energy prices at these levels, the more likely it seeps into broader measures of inflation. Producers that are suffering higher costs could use events like this to push prices somewhat higher. This almost gives them an excuse to raise prices.
Bill Davison
Dance is hard work, and they're part-time dancers. They're here because they want to be here. It's always a balance act - push, pull back, push, pull back. I like to tap into their will rather than go against their will.
Gaynell Sherrod
The moderate weather is really helping push prices lower, ... There are no signs that OPEC will cut back on output, which has jumped to near records. As long as the oil keeps coming and demand languishes, I see no reason for prices to rise.
John Kilduff
Having said that, I think that on average prices will go higher. I suspect when we do our weekly pump price survey next week, we could well see prices push a little higher than they are today.
Cathy Hay
This, and ongoing concerns over supply are likely to underpin prices, so unless some external event upsets the funds, the upward trends are likely to keep prices on the rise.
William Adams
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1564
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It's going to be push-pull this week, ... Will earnings be strong and drive the Dow to 12,000, or will higher rates work to push the Dow lower?
Barry Hyman
The metals and gold prices are already telling you that there's an inflation risk. So if they're going to push the dollar weaker, the risk of inflation could be sparked even higher if the dollar falls and oil prices remain at the level they're right now.
Ashraf Laidi
In some markets, prices could rise briefly for higher weekend travel, but then would most likely come back down shortly after Labor Day.
Charles Mason
The pull back in housing remains orderly, at least in the existing market. But the red flags are up. Inventories continue to rise and that is a warning that prices cuts could be coming, and soon.
Joel Naroff
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