Markets were mixed on Thursday.
Oil fell. West Texas Intermediate crude fell 0.2 percent while Brent fell 0.1 percent.
Nevertheless, analysts remain optimistic.
Bloomberg reports that Credit Suisse Group AG and UBS Group AG have told their clients that now is the time for them to jump back into stocks.
Indeed, market technician Michael Kahn thinks that “the bull market has years to run”.
In the meantime, Shelley Goldberg thinks that any further drop in oil from current levels will likely be “short-lived”.