When you have these major banks reporting, you really get a very good cross profile of what's going on with the economy in the United States. Mark Spellman More Quotes by Mark Spellman More Quotes From Mark Spellman We've been low on oil for so long that stable or slightly higher oil price is viewed positively as a stabilizing effect on the economy and stock market. Mark Spellman company-news Raytheon Co has been our number one holding in the defense sector, because they have more international sales, upwards of 40 percent of what they do now is non-US business. And that's the highest percentage of any defense contractor. Mark Spellman industrials Raytheon Co -LRB- RYT.N -RRB- has been our number one holding in the defense sector, because they have more international sales, upwards of 40 percent of what they do now is non-US business. And that's the highest percentage of any defense contractor. Mark Spellman us-news
