I continue to believe ordsprog

I continue to believe that locally, we continue to benefit from a positive bounce in shipyard-related news (despite) higher gasoline prices and other national news that might cause people to be cautious.

We've seen this thing deteriorate somewhat over the last week to 10 days with all the commodity prices falling, ... Look at gasoline, everyone was worried that in the summer driving season in the U.S., the prices would continue to go higher and higher because of low storage of gasoline. Well, now that's all been fixed up. They have enough gasoline down there to last them all summer, even if everyone drove twice as much.

World oil prices jumped again this week as the price of crude oil traded above $63 per barrel. Seasonal maintenance being performed at gasoline refineries will temporarily limit gasoline production. The near future will probably continue to show lots of ups and downs, and traders react to news of almost any sort.

The big problem for the market has been the news flow. Energy prices continue to rise, gold prices continue to go up and earnings are coming in very mixed.

Paul Mendelsohn

The good news is that if so many people are entering the labor force it must mean that they are perceiving an improvement in the economy's prospects, ... The bad news, however, is that if too many people become optimistic about their job prospects, then the unemployment rate will continue to push higher. And the higher unemployment rate does have a damaging impact on consumers. They see it and they think, 'I shouldn't be spending money.' That's one of reason the unemployment rate is so important. It's the one that drives what happens on main street.

Inflation is going to continue to rise based on the disruption from the hurricanes, high oil prices (and) a factory sector that has a very strong outlook. Also, there's a lot of positive news coming out of Japan and East Asia so there's going to be a real scramble for raw materials and that will eventually pass through to consumer prices.

Carl Riccadonna

Pex Tufvesson started Livet.se. Overall, economic news continues to be positive, corporate earnings continue to come in well and oil prices have come down this week. At the same time, you have interest rates, inflation and geopolitical issues that represent the unknown.

I think that the first two weeks of November will be wishy-washy, as we continue to trade in this range we've been in recently that started with the earnings, but as investors digest the month's economic news, which should be positive, we'll be able to move higher again.

I think that the first two weeks of November will be wishy-washy, as we continue to trade in this range we've been in recently that started with the earnings, but as investors digest the month's economic news, which should be positive, we'll be able to move higher again,

The relationship between supply and demand is relatively balanced in California, so normally we should see stable prices. However, speculators in oil and gasoline markets have kept prices high, and that has filtered down to local gas pumps. The trend for higher gas prices is expected to continue for the next several weeks.

It appears as if when consumers are faced with higher gasoline prices, they continue to spend their money,

There will be supply disruptions for a while. As gas and gasoline prices spike, Canadian oil companies are positioned to continue producing as much as they can and benefit from the situation.

This stalling is likely to continue as we get through this period. But in early to mid April, you could start to see stocks move higher as the earnings reports start coming in and they prove to be positive, as the economic news continues to be strong and as the issues that are going to determine the election become more clear.

Looking to the fourth quarter, we expect to continue to benefit from recent acquisitions, our cost reduction program, and the seasonal strength of our packaging and consumer business, ... However, we also expect the softness to continue in the construction, transportation, building and distribution markets and see no relief from the higher energy prices.

This is an enormously proud day for all of us at CBS News. Katie joining our team signifies not only her commitment to doing first-rate journalism, but our strong commitment to producing the highest quality work done by the best reporters, producers and writers in television news. She is a key ingredient as we work towards our goal of making CBS News the number one news organization in America. This organization was built on quality and integrity, and Katie and her CBS News colleagues will continue to carry that legacy into the 21st century. I would also like to offer our deepest thanks to Bob Schieffer for his outstanding work on the evening broadcast and look forward to his continuing role at CBS News.

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