Page 8 - Commodities Prices News Today

>> good morning. im christine romance, big rebounds for stocks around the world on the last die of a terrible quarter. if sentiment holds, stocks in the u.s. will rise to close out september. it was the worst quarter in four years. investors say good riddence, some at least the story line this morning are wondering if now is the best time to get in at the end of the year. when will the fed raise interest rates? will commodities prices find a floor and will a looming debt deadline assure in a pol...

It is not clear where the bottom is. there is always a bottom. but the bottom can be pretty low. we are flooding the market with fracced oil. the saudis are producing pretty much at a quite high level. the world is just awash in -- funny thing, couple years ago we thought we were running out of oil. >> right. there was talk of tapping into the strategic reserve which is for like armageddon times. >> people cannot predict commodities prices. we dont know how fire it is going to go, whether it wil...

Out, the government is not capable of creating prosperity. they can flip a switch, but they cant-- there are many factors beyond their control, like commodities prices. >> clayton: and as boring as that sound the president cant say that, in 2009 saying this is a molled for our country. >> im going to peoria, illinois to talk to these workers because whats is at stake are not abstract numbers or abstract concepts. theyre real families that we can help and real jobs that we can save. so much depen...

Children. and i would be very surprised if it ended up as part of the larger deal because its not going to come in early spring. >> one of the things thats disappointing about this the food stamp issue which i agree with you on is being thrown into the basket in terms of talking about the agricultural reform. we do need ag reform in the country. the industrys changed quite a lot. there are a lot of commodities prices are up, a lot of wealthy farmers out there right now but only in certain areas....

You know, china is not going to go away as a major rising power, obviously. but this cyclical downturn is pretty scary, actually. because i would say a month or two ago, of course, there were voices of concern. there was the question real estate bubble and so forth. maybe china is going to be able to pick it back up. but the amount of the world economy that chinas growth has been lifting has been really enormous in the last four years. latin america, africa, of course, for the u.s. and europe as...

244,000 jobs added for month. that was well above the expectations of economists. if you look at the private sector in particular, its really where all cylinders are firing. 268,000 jobs added in the private sector, and that made up for some job losses in the government sector. now, the bad news in this is the unemployment rate did rise to 9% from 8.8% last month, but again, the markets focusing on that private jobs number growth. savannah, one of my favorite tweets today came from someone who s...

With job creation as its top priority. the fed said its going ahead with plans to buy $600 billion worth of securities by june. its also keeping a benchmark interest rate down near zero. >> i have nothing against ben bear thank bernanke. alan greenspan gets beaten for two years for keeping interest rates at a low level to artificially raise monetary values and ben bernanke is doing it squared. if alan greenspan destroyed the economy by doing this for ten years, 15 years, why is it we continue it...

Same sized package at the same price. you probably suspected that the bag of chips has more air. youre right. whats happening is that commodities prices have been soaring, but at the same time, americans incomes have gone down by over 8% this decade. companies are just skimming what they sell you and putting it into the same package to fool you. so now instead of a pound of coffee, they sell you 3/4 of a pound, which means youre paying 33% more for the same thing. or the same pack of hebrew nati...

$1.89 back in the civil war. these are record high commodity prices for cotton. apparel makers have been able to keep prices pretty low for some time. theyve moved factories overseas, very low labor costs. now labor costs are rising, cotton prices at a record high, shipping costs are rising. youre going to see everything from shoes, underwear, t-shirts, apparel will likely be moving higher. refrigerators, lg and whirlpool have recently said that they have higher commodities prices, steel, metals...