Page 15 - Commodities Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> good morning. i'm 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 political fight in washington. looking for a understand portion what a terrible quarter. it's nice to ...

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 don't know how fire it is going to go, whether it will turn. i will tell you a clue -- when people say there's no bottom, that's usually when the bottom...

Out, the government is not capable of creating prosperity. they can flip a switch, but they can't-- there are many factors beyond their control, like commodities prices. >> clayton: and as boring as that sound the president can't say that, in 2009 saying this is a molled for our country. >> i'm going to peoria, illinois to talk to these workers because what's is at stake are not abstract numbers or abstract concepts. they're real families that we can help and real jobs that we can save. so much depends on what we do at this moment, it's not just about the future of my administration, it's abou...

Children. and i would be very surprised if it ended up as part of the larger deal because it's not going to come in early spring. >> one of the things that's 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 industry's 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. in some cases those are not the areas that are getting the subsidies that they need. it needs to...

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 china's 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 well. there's been lift. commodities prices high. so if china really were to go into a slowdown in...