Good Morning.... |
Subject: Good Morning.... by runner140 on 2008/2/15 12:27:30 Bernrnke warned that intensifying credit and financial market pressures are likely to restrain economic growth and left the door open for a sizable rate cut next month. Israelis went on high alert as Hezbollah's leader warned of open war after the assassination of a top commander who also was one of worlds most wanted terrorists. The Dow ind. fell 175.26 points to 12376.98 despite Bernanke's hint of more rate cuts. The U. S. trade gap narrowed 6.9% in December to 58.8 billion dollars, its largest monthly decline since October 2006, as exports rose. From the Wall Street Journal "cash crop....Heartland sees boom with grains in demand". Grain prices are surging to historic levels. Famers are making up now for past losses. Have a great day. |