It's the (U.S.) economy, and we're going to have to wait and see whether it turns around. For the first half of the year...we're going to be on thin ice. And we've got to be careful about the defensive stocks -- some are actually quite expensive.

Justin Urquhart Stewart

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Merger and acquisition activity is the primary driver in the market. Investors are greedy for the next deal.

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I wouldn't be at all surprised if we're going to see a strategic partner or partners coming in, one to provide actual further capital and support but also to provide content and make sure that content is coming thru.

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We are seeing investors get out of oil and mining stocks and recycle back into the banks and financials. They are moving away from value stocks back into growth stocks.

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You've got limited impact so far for any of the insurers. When people are affected by it, it's a great buying opportunity shortly afterwards.

— Justin Urquhart Stewart

It's inaccurate to say we all benefit. In aggregate, the economy probably benefits but within that upward trajectory a lot of people are permanently hurt while many others gain.