JP Morgan Chase chief stock strategists Thomas accepts a media interviews on Wednesday (April 27), he expected that in the second half of this year, U.S. stock will be boosted for the employment market go better. But the oil prices' surge maybe hinder the economic recovery.He expects, the s&p 500 index component earnings an average of $23 the second quarter, and $96.50 throughout the year of 2011. And he think that it is optimistic in the remainder of this year.
And he also said: "if oil prices go to $200 a barrel, it will be a serious threat to the economic recovery." But in his view, the current high oil prices impacting on the global economy wouldn't be so big like 2008.
Thursday, April 28, 2011
U.S. Stock Will Be Boosted For The Employment Market Go Better
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