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To: yard_man who wrote (204829)11/14/2002 4:43:02 PM
From: Knighty Tin  Read Replies (3) | Respond to of 436258
 
Another American small business falls victim to the overregulating govt.: apnews1.iwon.com



To: yard_man who wrote (204829)11/14/2002 4:51:47 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Japan selling yen to buy USD is old hat, may be that they buy EUR's and sell JPY but then again after a 4.5% fall in the USD there is room for a snap back of 38% of the move.

What I do not understand is the whole upbeat sentiment for a weak retail sales report - gasoline went up 1.5% due to price increases Gasoline service station sales increased 1.5 percent in October. The average price of gasoline at the pump was $1.49 a gallon, up from $1.44 a gallon in September and August.

October was colder than normal and people bought in advance winter clothing. But it seems that no one paid attention that car sales went down an additional 2.7% after a 15%+ slide last month. Auto sales cooled last month. The 15.4 million-vehicle sales pace last month was the slowest since August 1998. Sales were 34 percent lower than in the year-ago month at Ford, 32 percent lower at General Motors, and 31 percent lower at the Chrysler unit of DaimlerChrysler AG.

Just wonder how many winter clothes are MADE in USA ``Deep discounts offered by many businesses on their products'' have helped bolster consumer spending, Greenspan said. The Labor Department reported today that imported goods excluding energy cost 0.4 percent less in October than they did in the same month last year.