NAHB Holds Out Hope for Housing Market; Copper Golden for Chile; Lowe’s Sales Up; BHP Reports Record Annual Profit; Japan Bank Sweetens Bid; Airlines’ Labor Day Decline; Nymex’s Temporary Seat Sale Halt; Golden Gate’s Restaurant Order

There has been a lot of talk lately about food stocks. Spam-maker Hormel (NYSE:HRL) and egg producer Cal-Maine (CALM) are two downturn picks we’ve published in recent days. Even in a recession, the logic goes, people still have to eat.

Today, The Sovereign Society’s Investment Director, Eric Roseman, says France’s Groupe Danone (EPA:BN) is another excellent way to play the downturn.

The world’s largest fresh dairy company posted strong earnings last week. And it is set to benefit from a correction in commodity prices.

The latest is in from Sadia: It’s a bull market in food. Sadia is one of the largest food companies in the world, and Brazil’s largest meat exporter. Its operations sit in the world capital of cheap labor, abundant water, and fertile soil.

If you want to bet on something. Bet on deleveraging. It is a “leveraged planet,” says the New York Times. It explains that an ounce of leverage in Manhattan is likely to turn into a pound of credit in Dubai…which could quite possibly fall as a ton of debt on someone’s head in Norway.