Worries Over Inflation Send U.S. Market Down

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"Inflation causes reduced consumer spending, it squeezes income. The market has been making new highs. It can't go up forever," John Kornitzer of Kornitzer Capital Management in Shawnee Mission, Kansas, told Bloomberg.



For massive wind farm he decided in Texas, Mr. Pickens/Mesa Power LLP had already ordered 687 large wind turbines from General Electric, with regard to delivered starting in 2011. But transmission lines being built through state were unlikely to achieve the location he has leased until 2013, so he to be able to put the turbines near to me. Mr. Pickens had once planned construct his own transmission lines, but difficulty in finding financing amid the credit crisis forced him to shelve that plan.

Miami-based corporations had a poor day on Thursday. Ryder System (R) escaped making use of least damage, losing 10 basis points (0.10%) to seal at 49.14. Lennar (LEN) lost 22 basis points (0.22%) to finish at 18 years old.15. Carnival Cruise Lines (CCL) sank by 43 basis points (0.43%) to seal at 37.47. Royal Caribbean (RCL) had the worst luck, sinking by 2 . 5.59% to end time at thirty-eight.06.

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