Miercoles 08/12/10 Obama causa la furia de la izquierda

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Obama quiere calmar a la izquierda, atraer a los independientes con un combinado de compromisos y peleas; los enemigos del acuerdo de los impuestos son "santicmonios" (los que se creen moralmente superiores)

Obama furioso llamo "sanctimonios" y puristas a los democratas de su propio partido que lo critican por haber llegado a un acuerdo con los republicanos, poniendo a descubierto la tension que existe en las bases liberales (izquierda) y los mas centristas y votos de independientes que lo ayudaron a llegar a la Casa Blanca.

La demostracion de enojo del presidente ocurrio en la conferencia de prensa, esta tarde, cuando el presidente defendio ardientemente la extension de los recortes de impuestos si no su record en general. Obama pidio el apoyo de sus seguidores, aun cuando los criticaba por sus posiciones opuestas que empezaron cuando la discusion del seguro de salud.

Este es un pais muy grande y diverso, no todos van a estar de acuerdo, este pais fue fundado con compromisos de las dos partes.

Obama Lashes Out at Critics in His Base
He Aims to Soothe Left, Lure Independents With Blend of Compromises and Fights; Tax-Deal Foes Are 'Sanctimonious'

By LAURA MECKLER And JONATHAN WEISMAN
WASHINGTON—President Barack Obama, in a rare display of anger, called "sanctimonious" and "purist" the Democratic critics of his tax-cut deal with Republicans, showing the strains of a president caught between his liberal base and the more centrist independent voters who helped him win the White House.

President Barack Obama at his White House news conference Tuesday.
.The outburst came at the end of an afternoon news conference where the president ardently defended not only the tax-cut deal but his broader record. Mr. Obama pleaded for support from his core constituents, even as he chastised them for carping that began with the earlier health-care fight.

"This is a big, diverse country. Not everybody agrees with us. I know that shocks people," he said. "This country was founded on compromise."

The president's performance appeared to reflect his frustration with his position after the fall election, which left him needing to energize his party's base while luring back the independents who abandoned Democrats in November.

It's a position Mr. Obama may find himself in often during the next two years. White House officials say the key—to maintaining support from liberals and wooing back independents—will be picking the right fights.

Journal Community
..Compromises such as the tax deal will satisfy independents who saw in Mr. Obama a post-partisan figure able to end gridlock, officials say. And there will be battles to satisfy liberals who saw him as a progressive leader who would fight for their values.

On the tax deal, under which the president agreed to extend all Bush-era tax cuts, Mr. Obama showed little patience with those who wanted him to hold out against extending those cuts for the wealthy, when he lacked the congressional votes to do that and continue middle-class cuts.

He compared his current stance to another compromise that angered liberals in the health debate. He implied some Democrats gave him little credit for bringing health insurance to 30 million Americans, because a public health-insurance option to compete with private companies was dropped from the plan.

"Somehow, that was a sign of weakness and compromise," he said. "If that's the standard by which we are measuring success or core principles, then, let's face it, we will never get anything done. People will have the satisfaction of having a purist position and no victories for the American people. And we will be able to feel good about ourselves and sanctimonious about how pure our intentions are and how tough we are."

Even as liberals complain, White House officials believe independent voters will reward him if he's seen as leading Washington to results. Indeed, that was the sentiment Monday night at a Philadelphia focus group of voters from suburban areas that favored Democrats in 2008 and Republicans in 2010.

"Compromise, but don't give away the store," said Teresa Malley, a 62-year-old retired sales manager from Buckingham, Pa., in a conversation organized by the Annenberg Public Policy Center and conducted by Democratic pollster Peter Hart, co-director of The Wall Street Journal/NBC News poll.

When Mr. Hart told her the president had just opted to extend tax cuts to even the richest Americans, she said she was let down, but added, "I'm going to trust him."

But some Democrats are more wary, despite polling that finds that core Democratic voters still support Mr. Obama in large numbers. "I voted for Obama because I wanted to see change.…I want wealthy people not to get their tax breaks," said a clearly frustrated Suzen Wysor, 28, a Morrisville, Pa., social worker.

The White House believes the key to keeping such voters supportive is to pick the right fights—and they argue that the tax debate wasn't one of them. The administration lacked the votes to raise taxes now on wealthier Americans, and the strength of Republican opponents will rise in January when a new Congress convenes.

White House officials say Mr. Obama will pick other battles with Republicans, such as defending his health-care program or education spending, that will please his liberal base.

President Bill Clinton used such a strategy after Democratic losses in the 1994 midterm election, accepting politically smart compromises such as signing a welfare overhaul, while allowing the federal government to be shut down in a budget fight that he successfully blamed on Republicans.

For his part, Mr. Obama said: "I will be happy to see the Republicans test whether or not I'm itching for a fight on a whole range of issues. I suspect they will find I am."

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Obama se movio hacia el centro en este acuerdo con los republicanos por la extension de los recortes de impuestos de Bush para todos sin excepcion.

[admin]

Copper December 07,22:59
Bid/Ask 4.0055 - 4.0095
Change -0.0313 -0.78%
Low/High 4.0004 - 4.0548
Charts

Nickel December 07,22:56
Bid/Ask 10.6892 - 10.7064
Change -0.0572 -0.53%
Low/High 10.6801 - 10.8366
Charts

Aluminum December 07,22:46
Bid/Ask 1.0111 - 1.0120
Change -0.0094 -0.92%
Low/High 1.0089 - 1.0247
Charts

Zinc December 07,22:53
Bid/Ask 1.0075 - 1.0106
Change -0.0208 -2.02%
Low/High 1.0052 - 1.0324
Charts

Lead December 07,22:52
Bid/Ask 1.0566 - 1.0603
Change -0.0141 -1.31%
Low/High 1.0517 - 1.0761

[admin]

China compro $3.1 billones de deuda Japonesa en Octubre.

Las ordenes de maquinarias en Japon bajaron en Octubre. Segundo mes consecutivo.

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Euro down 1.3226

Los futures del Dow Jones 13 puntos a la baja.

Au down 1,391.60

Ag down 28.87, futures cu down

Yen down 83.78

El Nikkei +1.01%, el Hang Seng -0.85%, el Shanghai C. -0.33%, Korea -0.16%, Australia -0.54%

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Futures cu down 4.0105

Yields up 3.18%

El dolar al alza.

[admin]

Estamos muy emocionados con China dijo Citi. Planean abrir 100 agencias en los proximos 2-3 anios. HSBC tiene 105. Citi es el tercer banco mas grande en US. Actualmente Citi tiene 31 agencias en China.

Citigroup Targets 100 China Branches in 2-3 Years, Bird Says
By Susan Li and Stephanie Tong - Dec 6, 2010 10:14 PM ET

Play VideoDec. 7 (Bloomberg) -- Stephen Bird, co-chief executive officer for the Asia-Pacific at Citigroup Inc., talks about the bank's business strategy in the region. Citigroup aims to expand its China branch network to about 100 outlets in two to three years, Bird said. Citi currently has 31 outlets in the country. Bird also discusses the market for mergers and acquisitions. He speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Citigroup Inc. aims to triple the size of its branch network in China to about 100 outlets within three years as the U.S. bank vies with HSBC Holdings Plc for a bigger slice of the nation’s banking market.

“We are very excited about China,” Stephen Bird, Citigroup’s co-chief executive officer for the Asia-Pacific region, said in a Bloomberg TV interview. “For us, this is still the beginning of the China story.”

Citigroup, the third-biggest U.S. bank, trails London-based HSBC, which operates 105 outlets in the world’s second-largest economy. The company is drawing closer to severing government ties as the U.S. Treasury Department starts selling its remaining stake, the result of a $45 billion bailout in 2008.

The bank, based in New York, currently has 31 outlets in China. Bird said Citigroup will add outlets in Changsha in Hunan province and Nanjing in Jiangsu province. Standard Chartered Plc has 61 outlets in China.

Citigroup plans to triple its workforce in China to as many as 12,000 people in the next three years, Bird said in August.

Foreign banks’ operations in China are dwarfed by those of competitors like Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value. Beijing-based ICBC has more than 16,000 outlets in China and generated 106.5 billion yuan ($16 billion) of pretax profit in the country in the first half, almost double the global total for Citigroup.

Asia Expansion

“The combined market share of foreign banks in China is less than 2 percent,” said Victor Wang, a Hong Kong-based analyst at Macquarie Capital Securities Ltd. “They can’t go into head-to-head competition with mainland lenders.”

The China expansion is part of Chief Executive Officer Vikram Pandit’s bet on Asia, where economies have rebounded faster than the U.S. and Europe from the global financial crisis. Citigroup generated $1 billion of profit from the region in the third quarter, almost half the bank’s total net income.

In the next six months, Citigroup aims to boost its number of branches in the Greater China region to 150 from 139 now, spokesman James Griffiths said. The company has 65 outlets in Taiwan and 43 in Hong Kong.

Bird said China’s government is taking “prudent and sensible” measures to cool the economy. Chinese regulators have sought to limit credit expansion after record lending in 2009 stoked a surge in property prices and raised the risks that bad debts will balloon.

“They are more aware of the potential bubbles, particularly in housing, than anyone else,” Bird said.

China’s state-run Xinhua News Agency said on Dec. 3 that the country will shift to a “prudent” monetary policy next year as the government seeks to rein in liquidity, combat accelerating inflation and limit the risk of asset bubbles.

[admin]

El Asia sube, las exportadoras Japonesas suben tambien.

Asia Climbs; Japan Exporters Up

By SHRI NAVARATNAM
SINGAPORE -- Asian stock markets were mostly higher on Wednesday, with exporters underpinning the Tokyo market while technology stocks supported Seoul.

Japan's Nikkei Stock Average was up 0.8%, Australia's S&P/ASX 200 was off 0.2%, South Korea's Kospi Composite rose 0.2% and New Zealand's NZX-50 tacked on 0.5%.

Dow Jones Industrial Average futures were down three points in screen trade.

Buying activity in regional markets was largely tempered by Wall Street's tepid finish on Tuesday.

"Investors are hesitant after stocks and commodities fell away pretty dramatically before the U.S. close," said Jamie Spiteri, head of trading at Shaw Stockbroking in Sydney. "Liquidity is drying up before year-end, so even the most buoyant of asset classes, such as gold, were affected by that liquidation, but I think markets still have room for further appreciation from here, because the components of additional global growth are becoming more recognizable."

A fall in the yen against the U.S. dollar and the euro on Tuesday saw investors buy into exporters' stocks in Japan, providing early support to the market.

However, traders say weak Japanese core machinery orders for October will limit gains. Core orders fell a seasonally-adjusted 1.4% on-month, worse than a 0.1% fall forecast in a Dow Jones, Nikkei poll of economists, suggesting the nation's sluggish economy won't get much help from the domestic demand side any time soon.

Sony rose 1.0%, Canon added 0.5% and TDK tacked on 1.6%.

In Seoul, gains in tech plays offset losses in the shipbuilding sector, but overall demand was tempered by a lack of follow-through buying.

Samsung Electronics extended its gains and rose 0.4% on hopes for an improvement in its handset business and the chip market next year. Hynix Semiconductor added 0.2% and LG Electronics rose 0.5%.

Shipbuilding stocks were lower on profit-taking after recent gains with Hyundai Heavy Industries off 0.6% and STX Offshore & Shipbuilding down 1.7%.

In Sydney, the market took a breather after Tuesday's rise to a near four-week high, with some cyclical stocks declining in early trade.

Major banking stocks were off between 0.3% and 0.5%, while in the resources sector BHP Billiton gave up 0.2% although Rio Tinto tacked on 0.5%.

Aston Resources rose 5.0% on news it had sold a 15% stake in its Maules Creek mine to Japanese commodity trader Itochu Corp. for 345 million. The coal developer said the deal would also allow Itochu to act as exclusive marketing agent for Maules Creek coal into Japan with an option to purchase 15% of the mine's production every year. Itochu was up 0.5% in Tokyo trading.

Shares in New Zealand were helped higher by gains in Telecom, which rose 1.4% on news it was short-listed for the government's project to rollout a broadband network across rural regions.

Telecom, which has also been short-listed for a nationwide broadband rollout, is still awaiting the outcome of its proposal.

"Basically we've had some more commentary about UFB (ultra fast broadband) out and what we know is that we're not getting any of the big announcements (soon)," Forsyth Barr broker David Price said.

Other big cap stocks were mixed, with Fisher & Paykel Healthcare down 0.9% and Fletcher Building adding 0.4%.

In foreign exchange markets, the U.S. dollar remained supported after rising broadly on Tuesday on the back of higher Treasury yields and on President Barack Obama's decision to extend Bush-era tax cuts.

"The rebound in the U.S. dollar is consistent with its pick up in yield advantage," said Greg Gibbs, currency strategist at RBS in Sydney. "However, it is unlikely that this is a major shift in trend for the U.S. dollar as U.S. front end yields are likely to remain highly anchored" by the Federal Reserve's bond-buying program.

The single currency was at $1.3257 against the dollar, from $1.3263 late Tuesday in New York, and at 110.69 against the yen, from 110.74 yen. The dollar was at 83.45 yen, from 83.49 yen.

While debt-laden Ireland was on course to pass a crucial budget in parliament, demand for the euro was tempered by caution as investors continued to focus on debt problems in other nations such as Spain and Portugal.

December Japanese government bond futures were down 0.34 at 140.87 points, on Tuesday's fall in U.S. Treasurys.

Spot gold was at $1,402.90 per troy ounce, up $1.80 from its New York close on Tuesday. January Nymex crude oil futures, which tapped a fresh 26-month high on Tuesday, were down 10 cents at $88.59 per barrel on Globex.

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Buenisimo este articulo:

Obamanomics se toma unas vacaciones

La extension del recorte de impuestos de Bush por dos anios es una mejoria, pero no es lo ideal

Es dificil saber si Obama odia la extension del recorte de impuestos de Bush o le gusta? talvez por que el se da cuenta que esta repudiando el corazon y el alma de Obamanomics para darse una oportunidad de ganar un segundo periodo de gobierno.

Al aceptar el acuerdo con los republicanos, implicitamente ha admitido que su estrategia economica no funciona. El ha tenido que aceptar que los impuestos realmente afectan el crecimiento de la economia, ha tenido que aceptar que el tratar a los negocios como barones ladrones ha perjudicado a las inversiones y a la creacion de empleo, y ha tenido que aceptar que el recorte de impuestos es una estrategia superior que el gasto y el estimulo. Ha tenido que esperar que el desempleo llegue a 9.8% y que su partido haya perdido 63 escanios en la Casa de Representantes para aprender, pero el pais se beneficiara.

En este sentido, el simbolismo politico es tan importante como las leyes que se dan. Mr. Obama esta dando seniales de que entiende que a los negocios hay que promoverlos para que tengan ganancias nuevamente para que puedan contratar personal, que los "ricos" que el tanto ha maldecido deben ser capacez de quedarse con mas de lo que ganan, y que aun la riqueza que se acumular durante una vida no debe ser confiscada a la hora de la muerte. En las leyes si no en la retorica presidencia, la guerra de clases y la redistribucion de la riqueza esta tomando unas vacaciones de dos anios.

El feriado de los impuestos es la mejor transicion para que el fracaso de Obamanomics se convierta en una mejor agenda de crecimiento.

Esto no es decir que la ley es ideal u optima para el crecimiento economico, y los republicanos no deben pretender que lo es. Dos anios de feriado es mucho mejor que un inmediato incremento en los impuestos en una economia tan fragil, pero es verdad tambien que la incertidumbre de las leyes se esta postergando solamente no solucionando. En el Universo Keynesiano los recortes de impuestos "temporales" son virtuosos porque estimulan inmediatamente mientras permite que el gobierno reclame las entradas mas tardes cuando la economia este mas fuerte.

En el mundo real, los negocios hacen inversiones basadas en estimados de retorno de capital a largo plazo, incluyendo el porcentaje de impuesto a pagar. Lo que importa es el costo total, y el retorno sobre el capital. La naturaleza temporal de los recortes de impuestos provee menor incentivo a la inversion que las reducciones permanentes en el costo del capital.

La provision de permitir a los negocios a deducir el 100% de gastos para el 2011 y 50% para el 2012 ayudara a crecer en esos anios. Pero lo hara en parte demorando la inversion hasta el 2013. Esto es bueno para Obama cuando haga su campania de reeleccion, pero no tan bueno para incrementar el nivel permanente de inversion de los negocios.

Lo mismo va para los recortes temporales en la contribucion de las pensiones para promover la creacion de empleo. El recorte es solo por un anio del 6.2% a 4.2% en la contribucion del empleado, esto incentiva a trabajar mas. Por que no favorece unos trabajadores sobre otros, es tambien superior que el credito de impuestos que los democratas querian. Pero la propuesta no hace nada para reducir el costo del empleador, ademas el ObamaCare (seguro de salud) esta aumentando los costos de los negocios cuando el mandato de obligatoriedad tome efecto.

Este incentivo a trabajar tambien entra en conflicto con la falta de incentivo al trabajo que provee la extension de los beneficios para los desempleados. La extension de seguro de desempleo por 13 meses mas costara $56 billones. Como el economista Larry Summers noto antes de trabajar para Obama, cada persona que no trabaja tiene una reserva o el minimo salario que el aceptara para trabajar. El nivel de desempleo se quedara muy alto por que los beneficios indicen a los desempleados a tomar empleos y postergar el empleo hasta encontrar algo mejor que lo que esta disponible en estos momentos.

Otra media victoria es la provision del impuesto a los muertos (herencias) en el 35% con una exclusion de $5 millones. Este impuesto subira a 55% con una exclusion de solo $1 millon el Primero de Enero, y Obama queria que fuera 45%. Mientras el 35% de impuestos dure solo dos anios, el nivel de apoyo por parte de los dos partidos, lo cual es muy estranio, hace que politicamente se le haga mas dificil a Obama el aumentarlo asi Obama es reelegido. Mientras tanto los republicanos podran continuar su campania como un impuesto inmoral al trabajo de toda la vida.

Debieron los republicanos esperar hasta Enero cuando esten en la mayoria para hacer pasar estas leyes? a nosotros nos hubiera gustado ver una extension por un periodo mayor de tiempo. Obama dejo claro que tratara de subirlos de nuevo en el 2013, imaginandose que politicamente estara en una posicion mas fuerte si la economia mejora. Las politicas de crecimiento son victorias parciales y temporales tambien.

Sin embargo este acuerdo es mejor de lo que nos imaginamos hace seis meses. La mayor parte del credito va a Mitch McConnel y al senado republicano por mantenerse unido contra el ataque de la guerra de clases de Chuck Schumer y otros democratas. Por mantenerse firmes, dividieron a la oposicion. Esto prueba de nuevo que los republicanos ganan el debate de la economia cuando insisten en impuestos mas bajos para todos en nombre de un crecimiento mas rapido y en la creacion de empleos.

Sin embargo no deben publicitarlo como una panacea. Lo mejor es que es una transicion del fracaso de Obamanomics a lo que sera una politica de crecimiento que expirara en dos anios. El candidato a la presidencia por los republicanos podra explicar por que este acuerdo mejora en los ultimos cuatro anios pero tambien donde flaquea y como restauro la prosperidad en los 80s y 90s. La reforma de los impuestos es una area prometedora para los republicanos.

Y para los democratas, muchos se opondran a este acuerdo por que consideran que es una traicion ideologia por parte de Obama, pero no es otra cosa que la aceptacion de la realidad. Los Democratas perdieron las elecciones porque sus politicas economicas fracasaron. El corazon de Obama esta con la izquierda y el lo ha hecho saber, el retornara a su pelea por la redistribucion de la riqueza en el 2012, pero por ahora tiene que darle la espalda a los democratas para salvar su presidencia. Como a el le gusta decir: las elecciones tienen consecuencias.


Obamanomics Takes a Holiday
A two-year tax reprieve is better than current law but far from ideal

Does President Obama like or loathe the two-year tax deal he has struck with Republicans? It was hard to tell from his grudging, testy remarks Monday and yesterday, but perhaps that's because he realizes he is repudiating the heart and soul of Obamanomics as the price of giving himself a chance at a second term.

In accepting the deal to cut payroll and business taxes and extend all of the Bush-era tax rates through 2012, Mr. Obama has implicitly admitted that his economic strategy has flopped. He is acknowledging that tax rates matter to growth, that treating business like robber barons has hurt investment and hiring, and that tax cuts are superior to spending as stimulus. It took 9.8% unemployment and a loss of 63 House seats for this education to sink in, but the country will benefit.

***
In this sense, the political symbolism is as important as the policy. Mr. Obama is signaling that businesses must be encouraged to make profits again so they can hire more workers, that "the rich" he so maligns should be able to keep more of what they earn, and even that wealth built up over a lifetime shouldn't be confiscated wholesale at death. In policy if not in Presidential rhetoric, class war and income redistribution are taking a two-year holiday.

The tax deal is at best a transition from the failure of Obamanomics to what we hope is a better growth agenda.
.This is not to say the deal is optimal for economic growth, and Republicans should not pretend it is. A two-year reprieve is far better than an immediate tax increase amid a still fragile recovery, but it also means that the policy uncertainty is carried forward. In the Keynesian universe, "temporary" tax cuts are virtuous because they stimulate immediately while ostensibly allowing government to reclaim the revenue later when the economy is stronger.

In the real world, businesses make investments based on the estimated return on capital over time, including the expected tax rate. What matters is the overall cost of, and return on, capital. The temporary nature of the tax cuts will provide less incentive to invest than would permanent reductions in the cost of capital. (See Messrs. Cooley and Ohanian nearby.)

The provision to allow business a 100% expensing deduction for 2011, and 50% in 2012, will help growth in those years. But it will do so in part by pulling investment forward from 2013. This is good for President Obama's re-election chances, but not so good for increasing the permanent level of business investment.

The same goes for the temporary cut in the payroll tax in the name of encouraging more hiring. The one-year cut to 4.2% from 6.2% in the employee portion of the Social Security tax increases the incentive to work. Because it doesn't favor some workers over others, it is also superior to the tax credits that Democrats wanted. But the proposal does nothing to reduce employer costs, even as ObamaCare is raising those costs as its mandates and regulations take effect.

Editorial page editor Paul Gigot grades Washington's agreement to avoid January 1 tax increases. Also, WSJ Europe editorial page editor Brian Carney isn't so sure the WikiLeaks founder is being treated fairly.
.This incentive to work also conflicts with the disincentive to work provided by another extension in jobless benefits. The deal's 13-month extension will cost taxpayers about $56 billion. As economist Larry Summers noted before he joined the White House, every jobless person has a "reservation wage," or the minimum wage he'll accept to take a job. The jobless rate will thus stay higher for longer as benefits induce some people to hold out for a better job than those that are available.

Another half-victory is the provision to set the estate tax at 35%, with an exclusion of $5 million. The rate was set to return to 55% with a $1 million exclusion on January 1, and Mr. Obama had wanted 45%. While the 35% rate also lasts only two years, the level of bipartisan support will make this rate politically difficult to increase even if Mr. Obama wins re-election. Meanwhile, Republicans can continue to campaign for repeal of this immoral tax on a lifetime of thrift.

Should Republicans have held out for more, since they would return in January with a stronger position? We wish they had won a longer extension, kicking the next possible tax hike further into the future. As it is, Mr. Obama made clear on Monday that he'll try again to raise taxes in 2013, figuring he'll be politically stronger if the economy improves. The growth policy victories here are partial and temporary.

Yet this deal is superior to anything we could have imagined six months ago. Much credit goes to Mitch McConnell and Senate Republicans for holding together against the class war attacks of Chuck Schumer and other Democrats. By holding firm, they divided the opposition. This proves again that Republicans win the economic debate when they make the case for lower taxes for everyone in the name of faster growth and job creation.

***
They should nonetheless not advertise this deal as an economic panacea. It is at best a transition from the failure of Obamanomics to what we hope is a better growth agenda when it expires in two years. GOP Presidential candidates in particular can explain why this deal improves on the last four years but also where it falls short and how to restore the prosperity of the 1980s and 1990s. Tax reform is one promising area for Republicans to tackle in the wake of endorsements by the deficit commission and Mr. Obama's own economic advisory group.

As for Democrats, many and perhaps most in Congress will oppose this deal as an ideological betrayal by Mr. Obama, but it is really an admission of reality. Democrats lost the election because their economic policies failed. Their caterwauling now is mostly short-attention-span theater for the MSNBC crowd. Mr. Obama's heart is still with the left, and he's making it very clear that he'll return to fighting to redistribute income in 2012, but for now he had to dump the Democrats to save his Presidency. As he likes to say, elections have consequences.

[admin]

Los futures del Dow Jones 27 puntos a la baja.

[admin]

Libor igual 0.30%

Los futures del DJ 1 punto a la baja.

Oil down 88.28, Ag down 1,393, futures cu down 4.04

Yields up 3.18%

[admin]

Copper December 08,08:19
Bid/Ask 4.0138 - 4.0160
Change -0.0230 -0.57%
Low/High 3.9670 - 4.0548
Charts

Nickel December 08,08:19
Bid/Ask 10.7308 - 10.7480
Change -0.0156 -0.14%
Low/High 10.5658 - 10.8366
Charts

Aluminum December 08,08:19
Bid/Ask 1.0251 - 1.0261
Change +0.0045 +0.44%
Low/High 0.9989 - 1.0331
Charts

Zinc December 08,08:19
Bid/Ask 1.0255 - 1.0268
Change -0.0028 -0.27%
Low/High 0.9940 - 1.0324
Charts

Lead December 08,08:19
Bid/Ask 1.0649 - 1.0661
Change -0.0058 -0.54%

[admin]

Pelosi se enfrenta a Obama criticandolo por mantener intacto los impuestos a los que ganan mas de $250,000 especialmente al 35% de impuestos que pagan los ricos cuando mueren con una excepcion de $5 millones.

Oil down 88.38

+4

Futures cu al alza 4.05

Au down 1,392

[admin]

+8