John Eade – President of Argus Research – spoke to Nick Batsford of Tip TV about the US economy. Eade believes that Q3 earnings will be dampened by industrials, but his view is that the worst of the volatility as passed, as the market focuses more on the future than the past. Eade also believes that crude oil found a very solid floor at $40, and is likely a range trade between that and $70 for the next few years.
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