Morning News

Futures are pointing to a lower open

In Japan the Nikkei closed down nearly 7%

In Hong Kong the Hang Seng closed down 4%

European markets are trading down by 2% early on

Big 3 Automakers leave Washington Empty handed

Bernanke May Find Deflation back on the Table

Jobless Claims (wk11/15 , 2008)

Leading Indicators (Oct , 2008)

Philadelphia Fed Survey (Nov , 2008)

EIA Natural Gas Report (wk11/14 , 2008)

Money Supply (wk11/10 , 2008)

Crude Oil is $52 per barrel

Gold is $743 per ounce