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In the meantime lets get you caught up where we stand. Yesterday the markets had a rebound. The dow was up by over to 230. Volatility is back at least for a few days. Dow is down by almost triple digits decline of 96 points below fair value. Nasdaq down by 24 and s p down by over 30. Overnight in asia the nikkei stabilizeed a bit after the big losses it posted the day before catching up with what we had seen on friday. Right now you see nikkei closed up by 56 points. Shanghai composite was flat. In the early trade in the european be markets youll also see that the dax is higher up by by. 4 . Were also watching oil prices today. The International EnergyAgency Cutting its forecast for global oil demand, the iea is citie ii wobbling asian demand and its taking prices down. Wti down by 2. 5 . Decline of over 1 to 45. 17. Some other headlines. Goldman sachs now cutting the ....
Points. Here are the big stories were watching today. Weyerhaeuser is buying plumb creek timber for 8. 4 billion in the total price tag. The combined company will keep the weyerhaeuser name and manage 13 million acres of timberland. You can see plumb creek timber up 17 in the premarket. The dubai air show is now open for business. The last show two years ago saw record breaking orders. Thats not the case this time. No major purchases yet announced. Some say this is raising the red flag about the longer term health of the business. And in other global news, lufthansa canceling more than 900 flights today due to a cabin crew strike. A union calling for a walkout in frankfurt, munich, dusseldorf. 900 flights canceled. We talked about it on friday, i dont remember a lot about it. I remember i had to say dusseldorf. I remember seeing that in the teleprompter and nailed it. Nailed it. So theres a five star hotel there. There might be but i wasnt there on vacation. You were you were not there ....
The story totally captured the scythe geist of yesterdays trader but missed the theme of this mornings rally with the dow up 225 points. Cheap gas lean might repeal, might because we gave upmost of the days gains when still one more decline in crude this tile in the last minutes of trading curtailed the stock market rally. Dow advancing 6 three points and s p climbing and nasdaq jumping. 52 . Still in the block. A lot of consumer oriented stocks performed fabulously. Remember the battle here. Will the credit wows of the new stretched American Oil Companies chi bosch the strength that should come from shoppers who are benefitting enormously from a cheap gasoline stimlaos plan better than anyone i see the government offer or to put it in terms we can understand. Will the consumer cavalry arrive in time to save the pilgrim economy from the vagaries of the wildcatters with oil continuing to come down as it did today dropping a ....
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Generally supermarkets are genuinely generally tied into a purchasing programme which pays for set about over a programme which pays for set about overa certain time, programme which pays for set about over a certain time, which keeps stable over a certain time, which keeps stable prices. the gamble is the growing stable prices. the gamble is the growing conditions, if crops fluctuate, which they will, that affects fluctuate, which they will, that affects prices dramatically. the supermarkets have done everything they can supermarkets have done everything they can to keep prices regulated and stable but your local independent chapel come to the wholesale market and pay the wholesale market and pay the wholesale price. often there will be more wholesale price. often there will be more expensive than the supermarket, sometimes more expensive than the supermarket, sometimes it is less, it depends on the time sometimes it is less, it depends on the time of sometimes it ....