Jim Awad, the chairman of WP Stewart Asset Management, says Wall Street's been disappointed so far in "tepid" 2008 earnings outlooks. "What you're not seeing from the corporate sector is a sign we're through the worst in the economy," Awad says. On top of that, Awad says money is actually leaving the stock market for the oil market. "It's almost like oil has become a stock. It's become a place for hot money to make money."