Stocks: "The Best Game in Town"
The only threat that could stall the stock market's rise is higher energy prices, says Stephen Leeb, president of New York investment company Leeb Capital Management. Even after the recent rise, price-earnings (p-e) ratios aren't too lofty when you consider that inflation is little more than 1% and interest rates are close to 50-year lows, he notes.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.