Today

02/28/05 U.S. personal income was down 2.3% in January, stronger than expected. Last month the Microsoft dividend played a roll.

U.S. new home sales were at an annual rate of 1.106 million units in January, down 9% from December's pace and down 4% YoY. The supply of homes rose to 4.7 months, the highest since June 2000.

Weather in Southern Brazil continues hot and dry. With the absence of rain, and beans in the pod-filling stage of development, soybean prices are pushing higher.

Canada's GDP was up 0.2% in December and up 2.8% in 2004.

Consumer prices in the Euro-zone were up 1.9% year over year, the lowest increase in ten months.

Jim Rogers thinks that commodities have the only “pure’ bull market