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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (12711)4/27/2004 6:32:58 PM
From: philv  Respond to of 110194
 
Province of B.C. home electricity rates have gone up for all customers 7.23% as of this month.

First increase since 1993, more to follow.



To: russwinter who wrote (12711)4/27/2004 6:56:22 PM
From: Wyätt Gwyön  Respond to of 110194
 
More Cite Gasoline Prices as a Serious Financial Hardship

it's kind of sad, considering that US gas prices are among the lowest in the developed world, due to low taxes. unfortunately, extremely cheap gas has allowed the development of a suburban geography which is highly dependent on the continuation of cheap gas.

how will that geography change with gas at $5 a gallon?

maybe expensive oil will be the thing that crashes the housing bubble, although it could take a few years.



To: russwinter who wrote (12711)4/28/2004 1:25:37 AM
From: Nikole Wollerstein  Respond to of 110194
 
Nickel on Six-month low:

In London, London Metal Exchange (LME) prices stagnated on Tuesday after copper failed in a half-hearted attempt to claw higher and liquidation pushed nickel to six-month lows, traders said.

Volumes remained very subdued as many players stayed on the sidelines after the volatility of the past seven days.

Yet most metals - with the exception of nickel - moved away from the lows.

The market is focused on economic data released later this week in the United States to provide direction. Figures include April consumer confidence, University of Michigan consumer sentiment and first quarter GDP data.

Three months nickel slid to its lowest since late October 2003 at $11,400 a tonne. It ended London ring trading at $11,455, down $255 on Monday evening's kerb close.

Copper finally crawled fell back into positive territory after an earlier failed attempt above $2,720.

Three months was up $14 at $2,731. Copper shed nearly 10 per cent in just two sessions last week to touch $2,680 - its lowest since mid-February.