The Wall Street Journal

The Wall Street Journal

<Oil Boosts Energy Shares>

A lot of Asian markets were affected badly because Turkish combat attacked Russian one. However, the price of oils were increased. Oil price is directly connected to many foods and of course rising the oil price make the food price high. So consumers is unfavorable the situation.

<Slow Consumer Spending In U.S. Signals Caution>

The eagerness to buy declined slowly and they became apt to save their money though their salaries were increased. In America, the amount of personal consumption equals more than two-thirds of total U.S. products. The tendency shows that they became consider their future carefully and have a sense of danger about their money. Of course, the change affects American food market. The slow consumption makes the consumption of food decrease. Therefore, the supply exceeds the demand and finally the price of food will be lower than before. That is to say, the food in America will be chaper gradually.

Thankful for Private Property

<The first thanksgiving teaches the importance of economic freedom>

There is a thanksgiving Day in America. That day is one of U.S. holidays and celebrates the thanks of the harvest. In the old days, the Governor adviced farmers that they will give corn the people they trusted. The plan was succeeded and much more corn became to be planted.