For fans of code-breaking, Thursday morning’s Wall Street Journal home page provided plenty of material to perplex and entertain.
There was an article documenting a sharp price decline in memory chips, which are essential parts in cars and smartphones and household appliances. Another about declines in shares of fertilizer companies, driven by “falling crop prices.”
Yet a third article reported a narrowed trade gap, due to a pullback in the American frenzy for foreign goods. There was also a report that rates on 30-year mortgages had fallen sharply, to 5.3% from 5.7% a week ago.
