Creating Wealth through Trade post

As the trading was increasing their satisfaction
increase more than it was at the startof traiding.

Economics Chart

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTq7Bks96c6NzkX3APCHeUuT0qPXebtYVu1IQvrvRAulMntVtxEs2Hpipk5bhOfP9Ge4hJPQLaX5M7J6xWPrE91gTtX6EBp-kBDob8NDFgeDUTR0bn3wXXMDGU-RS4rkp-nC-LPEWyW8T7/s1600-h/Chart.bmp

Stocks fall sharply after Bernanke speech

Stocks slumped Tuesday, taking the Dow Jones industrials down more than 100 points, after comments from Federal Reserve Chairman Ben Bernanke and a strong reading on the service sector suggested the central bank has little reason to lower interest rates. While the Fed chairman’s comments stalled a months-long rally, many analysts have been predicting Wall Street would soon start a correction before likely heading higher later this year. Before Tuesday’s decline the Dow and the S&P 500 were both up more than 8 percent for the year to date.

http://www.msnbc.msn.com/id/3683270/

Economic Growth Slows to a Near Halt

The Commerce Department reported Thursday that gross domestic product increased by just a 0.6 percent pace in the January-through-March period, much weaker than estimated a month ago. In fact, many economists believe the first quarter will probably turn out to be the weakest point for the economy this year. The National Association for Business Economics predicts the economy will expand at a 2.3 percent pace from April through June. If that happens, the economy would have staged a rebound but would still be growing at a pace below its average, which is around 3 to 3.25 percent. Spending by private builders on nonresidential projects and spending by the government on big projects each climbed to all time highs in April but that strength was tempered by continued weakness in residential construction

http://www.foxnews.com/wires/2007May31/0,4670,Economy,00.html

Chinese Stocks Fall After Government Increases Taxes

China’s stock market tumbled in one of the biggest sell-offs in years. It followed the government’s move last week to impose higher taxes on stock trades.Stock investors looked at the price monitor at a securities company in Shanghai, China. The sell-off today in Shanghai was one of the largest declines in a decade, and was nearly comparable to the sharp drop in February this year when the Shanghai Composite fell 9.9 percent after a phenomenal rise. But prices have continued to soar on unprecedented demand for stocks, fueled by the opening of hundreds of thousands of new share accounts every day. The government has repeatedly warned investors about the risks of a downturn, and even moved to calm the markets. When the government reversed course last week and imposed higher taxes on stock trades, investors vented their anger online and there were even reports that several government web sites, including a finance ministry site, had been hacked into and taken down for a time.

http://www.nytimes.com/2007/06/04/business/worldbusiness/04cnd-chinastox.html?_r=1&hp&oref=slogin

Economy hits the sweet spot

There are reports that showed solid growth in the job market and surprising improvement in manufacturing. And despite some weak recent reports from retailers, consumer spending continued to grow, keeping that key driver of the economy in gear. Consumer spending fuels nearly three-quarters of the economy. But there was enough softness in consumer prices, home sales and income growth to calm any concerns about inflation. There are companies that has fast job growth. a last report show that the economy grew at the lowest pae in five years in the first quarter. Report showed that prices paid by consumers for goods other than food and energy rose less than expected, putting the so-called core PCE deflator up just 2.0 percent over the last year.

http://money.cnn.com/2007/06/01/news/economy/jobs_may/index.htm?postversion=2007060112

Coca-Cola and PepsiCo Agree to Curb Animal Tests

Coca-cola and PepsiCo, have agreed to stop directly financing research that uses animals to test or develop their products, except where such testing is required by law. The people for the ethical treatment of animals discovered that companies use animals like rats and chimpanzees to test taste perception. Coca-Cola scientist, financed by nutrasweet, that cut open the faces of chimpanzees to study nerve impulses used in the perception of sweet tastes.

http://www.nytimes.com/2007/05/31/business/31testing.html?ex=1181361600&en=fddbbf019f732d10&ei=5040&partner=MOREOVERFEATURES

Wealth of Nation

Adam Smith moving to London in 1776, he published An Inquiry into the Nature and Causes of the Wealth of Nations, which examined in detail the consequences of economic freedom. "Wealth of Nations" established economics as an autonomous subject and launched the economic doctrine of free enterprise. With the invisible hand Adam Smith meant the security of his own and the directing industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.

Capitalism: An economic and political system characterized by a free market for goods and setvices and private control of production and consumption. (Compare socialism and communism.)
Mercantilism: an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests.

Harley Plant Motors Towar Strike

link
Workers at York, Pa. plant overwhelmingly rejected proposed contract offering lower wages and benefits for new workers. The workers at the motorcycle maker's York, Pa., plant voted overwhelmingly on Wednesday to reject a proposed new contract. The contract concessions were necessary to help the company, which is currently enjoying growing sales and profits, avoid finding itself "in the same position that the Detroit auto industry is in now" 10 years down the road. Investor, Tim Conder pointed out that the two bikes that come out of York are Harley's highest-margin products and account for about 60 percent of all the units it makes. The issues would be "quickly resolved," and a strike averted, citing Harley's long history of extremely good company/labor relations. At that time the York workers, who make between 700 and 800 bikes a day, staged a walkout that was quickly resolved.