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Lost more than 1 trillion in market value. And an 8. 5 drop in shanghai last night. Wiping out chinese gains for the year. Jim, what is the story today . I think it is china. What id like to do because its a terrible market. It reads something that is in keeping with that. I sent tim cook an email trying to understand covering apple because that is a crucial part of it. And tim sent me this this morning right before the show. Ill read it. As you know, we dont give mid quarter updates, and he rarely comment on losing apple stock but i know your question is on the minds of many investors. I get updates on china today including thing and we have continued to experience strong growth for our business in china through july and august. Growth in iphone has dproen and weve had the best performance in the app store over the last few weeks. I cant predict the future but our prediction is reassuring. China presents an opportunity over the long term and the growth of the middle class over the nex ....
Down. Goldman says we may be stuck in this range for awhile. Lets start markets and fed today, jim, a lot of discussion about whether it would be a good idea for yellen to say lets have a presser in july on the off chance we move. We might be able to explain it better. I think that would be terrific. I think yellen has been the person who has been the least yelling. She doesnt yell. She is considered. When you have someone considered as she is. She is looking at the data. A lot of people criticize the fed. Im not going to. She is trying to arrive at the right thing. Imagine if you tighten it and they got the 38,000 number. They dont know what theyre doing. The evidence shows they do. The endless criticism of all Federal Reserves and all of Central Banks around the world bothers me. I dont think im a fan because he had to reverse rate hikes. I dont know what japan is doing. Th ....
Sky-high raw material prices mean longer delivery times, shorter quote validity freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.
“No end in sight for rising timber prices Timber prices have more than doubled in recent months. It s also not clear when those prices will stabilize. It s not only wood prices that are skyrocketing. So are those for metal, oil, and oil products like plastic. These days, we deal with daily prices, begins Robert Helder. He s from Hoekman Houtindustrie, in the Netherlands. Timber prices used to remain stable throughout the year. We could conclude contracts for longer periods. Nowadays, if I send out a quotation, you must accept it within a week or else the sales price has to be adjusted. ....