15 Quotes by Ian Scott

We're still seeing some rotation into more cyclical stocks ... such as consumer products makers, and industrials, ... We quite like oil stocks as well.

I was surprised it stayed right there so I could go get it.

Globally, banks sector earnings have not kept pace with the market in recent quarters, while the oils sector relative performance has lagged behind the price of crude.

We continue to maintain a bullish stance towards European stocks for 2006. The combination of still low valuations and the prospects that earnings will continue to grow suggests a continued positive stance.

We would accept that the case for overweighting continental Europe is by no means as strong in local currency terms, as we believe interest rates are unlikely to be as helpful for a continental European overweight as they have been in the past.

Earnings momentum now favors Europe. Given the continued divergence in unit labor cost behavior between the two regions, coupled with the recent weakness of European currencies vis-a-vis the U.S. dollar, momentum should continue to favor Europe.

Oil prices should be supported by renewed imports into China, while multiples remain low in the sector.

Oil prices should be supported by renewed imports into China. The banks, however, should see some moderation in their very strong earnings momentum.

The weakness of the dollar is having some impact on the market. The weakest sector is the auto sector -- that is an area of the market that has displayed a high degree of sensitivity to currency movements.