"In subdued economic conditions, there just isn’t the demand to support higher prices,” said Paul Dales, an economist for Capital Economics in Toronto. "Companies have to cut prices to survive.”The market is going to be volatile tomorrow and Friday, but one thing's for sure - it's not going to start way higher than the previous night's close as it did this morning.
The Labor Department will release its barometer of consumer prices on Thursday."
Wednesday, March 17, 2010
Led by Energy, U.S. Wholesale Prices Fall - NYTimes.com
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