Usa Folding Rescue
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 8 Tactical Rescue Knife SPRING ASSISTED Folding Pocket Knives US $13.95
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 BLACK DELUXE FOLDING KNIFE SHEATH 7 KNIVES UP TO 5 Made in the USA US $9.99
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 SPRING ASSISTED Rescue Knife Serrated Blade Firefighter US $12.55
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 Black TAC FORCE Spring Assisted Rescue Pocket Knife Serrated Blade US $11.99
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 Blue TAC FORCE Spring Assisted Rescue Pocket Knife Serrated Blade US $11.99
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 AO Army Rescue Pocket Knife LED Right on the Knife Handle US $12.95
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 Tac Force Speedster Spring Assisted Knife Black Silver w Wood Snowblind Inlay US $12.99
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 Kershaw Knife Assisted Rescue Blur 1675RDST 1675 Glass Breaker Discontinued US $50.71
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 35 inch Spring Loaded Flag Rescue Folding Knife Blue Show your Patriotism US $10.95
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 35 inch Spring Loaded Army Rescue Folding Knife Green Handy Knife US $10.95
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 35 inch Spring Loaded Army Rescue Folding Knife Green Beautiful Knife US $10.95
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 Tac Force Speedster Spring Assisted Knife Black Brown Digital Camoflauge Inlay US $10.99
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 SPRING ASSISTED Rescue Knife Serrated Blade EMS 911 US $12.55
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 LOT 12 PCS Spring Assisted Serrated Rescue Pocket Knife Glass Breaker EMS EMT US $89.95
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 12 PCS TAC FORCE Spring Assisted Rescue Pocket Knife Glass Breaker FIRE DEPT US $89.95
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 12 SPRING ASSISTED RESCUE KNIFE Serrated Blade FIRE DEPT TACTICAL GLASS BREAKER US $89.95
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 12 SPRING ASSISTED RESCUE KNIFE Black Serrated Blade EMS TACTICAL GLASS BREAKER US $89.95
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 SPRING ASSISTED RESCUE KNIFE Serrated Blade FIRE DEPT TACTICAL GLASS BREAKER US $11.65
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 SPRING ASSISTED RESCUE KNIFE Black Serrated Blade EMS TACTICAL GLASS BREAKER US $11.65
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 TAC FORCE Spring Assisted Rescue Pocket Knife Glass Breaker FIRE FIGHTER DEPT US $12.55
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 Spring Assisted Rescue Pocket Knife Glass Breaker EMS EMT 911 Red US $12.55
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 3 inch AO Army Folding Rescue Pocket Knife Green Grenade US $8.95
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 Bullet Spring Assisted rescue hunting knife Forest Camo Overlay Silver Blade US $9.99
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 New Search and Rescue Knife By Frost Cutlery Nice LOOK US $8.99
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 Tac Force Spring Assisted rescue Knife Black Blue Tonto Blade Police US $13.99
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 TAC FORCE Speedster Till Death Spring Assisted Stiletto Knife Black Skull Rose US $12.99
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 BLACK DELUXE FOLDING KNIFE SHEATH 6 KNIVES UP TO 45 US $7.99
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 MTech USA Police Law Enforcement Folding Rescue Knife US $7.99
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 SOG High Grade Durable Brushed Folding Line Lock Steel Saber Knife K56 US $19.98
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 MTech USA Silver Folding Blade Rescue Pocket Knife NEW US $12.99
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 Kershaw Knife Black Rescue Blur 1675BLKST Glass Breaker Blunt Tip NEW US $56.35
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 Benchmade Knife Barrage Osbourne Folding Knife Kit Plain Edge Satin Blade Black US $118.99
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 SAR Tactical Folding Lockback Pocket Knife Frost Cutlery Search Rescue US $1.99
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 Spring Assisted Rescue Knife Red CSA Confederate Flag Serrated Blade US $9.99
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 GREEN DIGITAL FINISH Spring Assisted Rescue Knife Black Serrated Blade US $8.99
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 Smith & Wesson SWBG1S Border Guard 2 Rescue Knife with Serrated Drop Point Blade, Glass Break, and Seatbelt Cutter, Black List Price: Sale Price: $17.94 You save: $16.72 (48%)  Eligible for free shipping!Availability: Usually ships in 1-2 business days Description4.4 in. 7Cr17 high carbon stainless steel blade with 5.6 in. aluminum handle. Thumb knob safety belt cutter glass breaker and liner lock. ATTRIBUTES Blade Detail: ComboEdge Blade Length (inches): 4...  |
 Mtech ChainLink Tactical Folding Pocket Knife with Aluminum Handle List Price: Sale Price: $4.64 You save: $5.35 (54%) Eligible for free shipping!Availability: Usually ships in 1-2 business days DescriptionThe Mtech Extreme Tactical Folding Knife is a designer, collector's knife built for all-purpose utility, ideal for camping and outdoors use. Measuring 8.75 inches overall, the knife has a sharp, 3.75-inch blade forged of high-quality 440 stainless steel that folds into a precisely cut handgrip with a melt... |
 Trademark Black Firm 4.5" Tactical Pocket Knife Sale Price: $4.99 Eligible for free shipping!Availability: Usually ships in 1-2 business days DescriptionThe Spring Assisted Tactical Pocket Knife from Trademark offers great quality and usability at budget-friendly price point. The knife's spring-assisted blade opens easily for use and locks securely for safety... |
 Boker Magnum Rescue BK Folding Knife List Price: Sale Price: $12.88 You save: $13.07 (50%) Eligible for free shipping!Availability: Usually ships in 1-2 business days DescriptionThis hefty Boker Magnum Rescue knife is the perfect choice in emergency situations. The black coated blade is made of 440 stainless steel, and the massive handle is made of sturdy aluminum and features grip-tape insets... |
 8" Tactical United States Navy Seals USA Rescue Knife Pocket Folding Sale Price: $9.49 Eligible for free shipping!Availability: Usually ships in 1-2 business days DescriptionUS Navy Seals Folding Knife! |
 Mtech Usa Carbon Blue Police Law Enforcement Rescue Folder Pocket Knife List Price: Sale Price: $9.31 You save: $12.89 (58%) Eligible for free shipping!Availability: Usually ships in 2-3 business days DescriptionMTECH KNIFE XTREME POLICE RESCUE M3275 New in Factory Package 4 3/4" closed Bead blast finish stainless tanto blade with dual thumb studs Blue anodized aluminum handles with police badge inlay shield Integrated glass breaker and seat belt cutter Stainless pocket clip Country of Origin: CHINA |
 Tool Logic SL1M Mini Tactical Folding Straight Edge Knife With LED Flashlight and Signal Whistle, Black List Price: Sale Price: $17.95 You save: $13.00 (42%) Eligible for free shipping!Availability: Usually ships in 24 hours Description2 in. plain edged blade of 420J2 stainless steel. Zytel body one handed operation with liner type lock. Brilliant white LED flashlight that is waterproof and includes an emergency whistle. |
 Tool Logic SL3 Tactical Folding 1/2 Serrated Knife With Magnesium Fire Starter and Signal Whistle, Black List Price: Sale Price: $18.95 You save: $20.00 (51%) Eligible for free shipping!Availability: Usually ships in 24 hours DescriptionSL3 features a solid black case with a premium fireSteel fire starter from Light My Fire in Sweden. When used in conjunction with the special notch on the SL3 blade it delivers an intense shower of sparks... |
 8" Tactical POW MIA Rescue Knife Pocket Folding Usa Sale Price: $14.99 Eligible for free shipping!Availability: Usually ships in 1-2 business days DescriptionAll black Prisoner of War Missing in Action POW MIA Knife! |
Markets Soar/ Aust Economy Sliding
Oh how it all turns around, and how quickly.
World markets have soared overnight; the Australian dollar has surged against the yen and the US dollar and our market is forecast to jump sharply this morning.
The Standard & Poor's 500 Index jumped 91.56 points, or 10.79%, to 940.48 after sliding to the lowest level since March 2003 yesterday.
The Dow surged 889.35 points, or 10.88%, to 9,065.12 and the Nasdaq finished up 9.53%, or more than 140 points. Hong Kong's benchmark index added 14%, its best advance in 11 years, while Germany's climbed 11% and struggling Brazil's jumped 13%.
London was up less than 2%: the surge in Germany was due to a sharp rise in the shares of Volkswagen as Porsche surprised the market by revealing it had assembled a controlling 7%% by market buying and playing the derivatives markets.
Hedge funds lost heavily as they had been shorting VW shares and got trapped as the value of the shares soared to the point where the car maker was the most highly valued company in the world a
The overnight futures market was signalling a 6% rise in the ASX 200, or more than 240 points..
That was after one of the most explosive last couple of hours trading ever seen on Wall Street. Therre was a gain of 500-600 points in the last hour.
The Dow posted its second-best point gain ever as the cheapest valuations in 23 years lured investors and increased commercial paper sales signaled credit markets are thawing.
In addition, there's now a belief the Fed will announce a 0.50% rate cut after its current meeting ends tomorrow morning, our time.
The yen fell the most against the dollar since 1974 and posted its biggest decline versus the euro ever as global stocks rallied and speculation increased that the Bank of Japan will cut interest rates.
There were reports in Tokyo overnight of a plans to cut the key rate 0.25%, which would halve the Bank of Japan's key rate. The central bank meets Friday in Tokyo.
That saw the yen crash, suffering its biggest loss against the greenback since 1974. It dropped 5% against the US currency in New York. It dropped 11% to 62.70 yen against the Aussie and 10.% to 55.19 against the New Zealand dollar.
The Aussie surged 7% to 64.28 US cents after touching 60.09 cents yesterday, the weakest level since April 2003.
The Reserve Bank of Australia bought dollars for a third day yesterday to stem losses and is now sitting on some nice profits as some of the first day's intervention Friday night was around 55 Yen..
Sales of longer-term commercial paper soared 10-fold after the fed revealed that two days of backing the slumping US corporate commercial paper market, had revitalised it.
The Fed began buying the corporate paper and on Monday alone the market saw companies yesterday sold 1,511 issues totaling a record $US67.1 billion of the debt due in more than 80 days.
That compared with a daily average of 340 issues valued at $US6.7 billion last week. Dealers said the Fed accounted for $US60 billion of the total.
The Dow's only larger point gain in a day was on October 13, when the 30-stock gauge jumped 936 points on the government's plan to buy stakes in banks. We know it plunged several times after that, so this could be a one day wonder.
Now for the Fed's rate cut, but as that is priced in, will markets fall again?
.............
Business confidence continues to fall, according to the latest survey from the National Australia Bank of monthly business conditions.
While that's gloomy news, there were a couple of other worrying portents from the NAB survey and from other announcements yesterday.
Residential property prices are looking stretched and the NAB and Merrill Lynch see falls of 5% to 10% coming over the next couple of years, and not much joy after that.
That will be bad news for the likes of Boral, Wattyl, Brickworks, the banks, especially Suncorp and the CBA, and for retailers like Harvey Norman.
Retailing is definitely hurting more than it seems from the outside: even the likes of Billabong, a big name locally and internationally for high margin, very successful sportswear, is seeing fewer items sold, although the slumping Australian dollar is helping offset the slowdown.
Mining companies are reviewing operations because of sliding metal prices, and importers like McPhersons Ltd, are doing the same because of the sliding currency, which bounced around 60 USc after a third successive day of Reserve Bank intervention. (It got up to just under 63 US cents overnight).
Furniture retailer, Nick Scali cut its earnings forecast yesterday because of slumping demand.
According to the NAB, the slump in activity next year will see a surge in unemployment and a blow-out in the federal budget by a massive $30 billion "over the next couple of years", and force residential house prices to fall by 5% to 10% over the next two years, according to the forecast from the bank, and from analysts at Merrill Lynch (See story below).
And while interest rates will fall further and inflation will follow next year, the slide in house prices will see them stagnating for three to five years: up to 2013 or longer, according to one of those forecasts.
The NAB reckons the Australian economy has slowed to 2001 levels (when we almost tipped into recession after the GST boost and the US slump). It sees the Reserve Bank cutting interest rates to 4.5% next year, but has forecast a $10 billion budget deficit for the 2010 financial year.
"While the Government’s Mid-Year Economic and Financial Outlook is due in a couple of weeks, fiscal expansion together with the negative impacts of slower economic growth may well see the Federal Budget turn to small deficit of say around $10bn during the next couple of years.''
It was around $21.7 billion in the year to June 2008, so the turnaround would be of the order of $30 billion.
The NAB also forecast the unemployment rate to rise to 6% during 2009/10) compared with the current rate 4.3%) and "core inflation will return to the RBA's 2%-3% range' despite another "near term surprise", and then fall further in 2010.
The NAB's forecasts, contained in its latest survey of monthly business conditions, comes as analysts at Merrill Lynch in Sydney have forecast a 10% fall in house prices over the next two years, followed by three to five years of flat or no growth.
The NAB supported the Merrill Lynch contention that residential property prices will fall, but not by quiet as much as 10%.
"Our macro forecasts suggest that as the unemployment rate rises sharply through late 2009, the residential property market may deteriorate further into 2010 – notwithstanding improved affordability associated with significantly lower interest rates. Our forecasts are broadly based on unchanged housing prices in 2009 with a moderate further fall of around 5 per cent into 2010."
And leading retailer, Harvey Norman, revealed for a third week in a row that it is experiencing 'negative' same store sales growth: in the seven days to Sunday October 26, same store sales across Harvey Norman's Australian stores fell 3.6%, after falls of 5.7% and 4.8% in the preceding three weeks.
Harvey Norman's experience was supported by an update from a smaller Melbourne-based competitor, Clive Peeters, which told the market last Friday that same store sales were off 10% to 14% in the three months of the September quarter and things are not improving. The company will provide a fuller update at its AGM later in the week.
And Nick Scali's annual meeting in Sydney heard yesterday that the company first half sales and profit for 2009 will be affected by the slowing economy and weakening Australian dollar.
CEO, Anthony Scali said while there been encouraging signs over the past three months in "sales order intake", sales for the first half were expected to be about $2 million below the corresponding period last year.
"The recent weakening of the Australian dollar in a very short period will cause a substantial one-off decline in our gross profit for the first half of 2008/09 and is expected to reduce earnings by $0.9 million to $1.4 million," Mr Scali told the AGM.
"Our net profit after tax for the first half of the current financial year is now likely to be between $2.3 million to $2.8 million, against the $4.62 million earned in the December half of 2007."
Harvey Norman has already revealed an 18% drop in earnings for the first two months of this financial year because of a slump in Ireland. But it hasn't upgraded that forecast because of the slump over the past month to six weeks in Australia.
The NAB said it expects Australian economic growth to slow to 1.25% next year as the " full effects of falls in share and key commodity prices fall and slow global growth weigh on prospects, notwithstanding expectations of stimulatory policy responses from both Governments and RBA.'
It said its local forecasts remain "unchanged on the bearish side of "consensus" view. Downside risks remain – at home & abroad – with much dependent on success of global financial rescue underway".
The NAB said it expects the RBA cash rate cut from 6% to 4.5% by mid 2009 as well as aggressive cuts by central banks elsewhere;
It said the "Federal Budget is likely to go from surplus to deficit of around $10 billion", which would be a $31 billion turnaround!
"Global GDP growth (on a broader definition) forecast lowered to only 2.5% in 2009 – including recessions in US, UK, Japan and Europe, together with slower growth in emerging economies;
"Business conditions to weaken significantly to mid 2001 levels – consistent with subdued current activity & annual growth in non-farm GDP slowing to 2% in Q3 2008; • Business confidence steadies for now – well above levels of 1990 recession."
The NAB said its index of business conditions dropped 11 points to -4 index points in the three months to September, one of the biggest quarterly falls in the past two decades,
"The proportion of firms reporting the availability of labour as a constraint on current output has fallen from a recent record of 72% in early 2008 to 66% in the September quarter," said NAB group chief economist Alan Oster in a statement.
"While the proportion of employers nominating labour shortages as the main constraint on their 12 month profit outlook has fallen from a recent record of 33% to 13% in the latest survey."
Slumping consumer demand and slower lending activity pushed down all of the components of the gauge to levels seen in 2001, when business conditions stood at -11 index points.
Trading conditions contracted 11 points to -4 points, profits have also lost 10 index points to rank -8point, and employment - which was flat in the June quarter - edged down 3 points to -3 points.
Business confidence, a forward looking indicator, increased 1 index point to -7 index points for the December quarter, below their mid-2000 levels.
"Businesses expect conditions to slow significantly further in the December quarter of 2008," Mr Oster said.
The bank said major economies would slow further "due to lags associated with negative wealth effects from lower equity and house prices".
"Recessions are forecast for the US, Europe, Japan and UK, while growth moderates in developing economies," the bank said in the statement.
About the Author
Australasian Investment Review (AIR) is a free daily news service covering global financial markets with a focus on Australia, New Zealand and Asia. Each day our team of experienced journalists presents you with a concise digest of expert opinions and analysis on trends and backgrounds that matter in these markets. Subscriptions are free at aireview.com.au
