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Fifth Third: Energy Sector Appealing as Economy Gains Steam

The U.S economy is gaining resiliency because a number of long-term "vicious cycles" have now reversed and represent "virtuous cycles" with positive feedback loops, says Jeffrey Korzenik, Chief Investment Strategist, Fifth Third Investment Advisors. Korzenik says investors should remain bullish despite the market hitting new highs, concentrating on the energy infrastructure sector. And while Fifth Third has been in the low inflation camp for several years, Korzenik says he has growing concerns that wage, not commodity, inflation is now closer than many believe.