Lynn Reaser Relief Quotations

Today was a relief rally; it was an oil-price relief story. Oil prices are still very high, but much more moderate than the worst fears of last week.

Today was a relief rally; it was an oil-price relief story, ... Oil prices are still very high, but much more moderate than the worst fears of last week.

Today was a relief rally; it was an oil price relief story,

Wall Street breathed a collective sigh of relief this week as fears of mounting inflationary pressures and additional rate hikes by the Federal Reserve suddenly evaporated.

All the components are above the break-even point of 50. There is also relief in the prices paid component from lower energy costs along with easing in delivery time.