Before the Bell 11/19/2008

[1:01] ..." go to to the thirties to see the fact that. We saw prices dropped 30% of things that hurt a lot so attempt. -- be very clear I don't see that happening but you know with all the fears in the markets these days that the that your all the more about this -- good news business downed -- his style too much. Also -- starts we know what's -- because there are another record -- get back to World War II to see some of these numbers as they were -- for a half percent so again not great news they're so after a little little rally yesterday -- forgiven a little bit back you're just be right now doubtful point four. Dust out of 168 the that the NASDAQ building eighteen and how far or prices up -- up to -- at 55 and change and that's trickled as a prop"...

[1:57] ..." recession how long things that'll last soldier to some companies here. -- BJ's wholesale third quarter earnings that were good they were two cents this year better than they were expected. Children over 13% so they"...

[0:11]" Well you know you did this I think we're just continue to realize we're in recession so it's really not produce stuff that we're seeing this morning effect it's sort of getting history lessons every day want to go through some of the economic. Because yesterday were getting subsidized so let's start with the an important number consumer inflation. The CPI was actually dealt 1% in October that's the largest drop ever. And the water has to do with energy prices being studied point 6% in the ensure remarkable complain about that too much. The core which except energy and food that's actually down 110 of a percent. And you know it's really pretty much in line with the numbers -- gave yesterday in the producer inflation which also was this historic numbers so. The good news settlements inflation front is that it's really not a problem on the inflation. The bad news -- the economy is going to probably continue to slow down as we Pearson minister. Talk about deflation now which you know against. Spears that depression target to go back to go to to the thirties to see the fact that. We saw prices dropped 30% of things that hurt a lot so attempt. -- be very clear I don't see that happening but you know with all the fears in the markets these days that the that your all the more about this -- good news business downed -- his style too much. Also -- starts we know what's -- because there are another record -- get back to World War II to see some of these numbers as they were -- for a half percent so again not great news they're so after a little little rally yesterday -- forgiven a little bit back you're just be right now doubtful point four. Dust out of 168 the that the NASDAQ building eighteen and how far or prices up -- up to -- at 55 and change and that's trickled as a prop thirteen point defeated some 46."

[1:44]" A better than economics. You know the good news is there's they continue to be okay. The problem isn't that you know the market is very forward looking -- earnings have been okay but it's still the outlook for the reporters trying to figure out. They're trying to figure out in this recession how long things that'll last soldier to some companies here. -- BJ's wholesale third quarter earnings that were good they were two cents this year better than they were expected. Children over 13% so they actually -- I like to see if they gave higher guidance not only for 2000 they -- 2009 and so there's little but of course spark there. We're also going to hear a lot more about energy companies in the solar company. Being named LDC solar they actually be terrorist threats by a couple of pennies so with the new administration putting but energy prices and energy policy on the part priority. If you'll see some more -- that. In Europe are not so good we've got a warning that PA USF -- to -- chemical -- there and that's an open markets although there there are succumbing. About 20000 jobs to talk about -- close some plants and and lifting down production of the the plants they have so that's a great news it's. It'll get -- such as the other companies here there the fire a communique about a couple of sales forecast in China by 14% this year so again we're feeling the political."