When firms stop advertising, it is a sure sign of distress says Adam Lass. He says General Motors (NYSE:GM) and FedEx (NYSE:FDX) will be conspicuous by their absence at this year’s Super Bowl. As they struggle to survive the crisis, Adam says both companies a ripe for shorting right now.
These are uncertain and confusing times for investors, says Adam Lass. For those willing to hold for the long-term, Adam says the surviving financials and automakers could one day return huge gains for today’s investors. In the near future, Granite Construction (NYSE:GVA) could make investors 75% by the summer as shares soar on the stimulus plan.
A new report by the U.S. Energy Information Administration (EIA) shows that oil consumption will remain flat through 2030, shedding light on the slow growth of hybrid and electric vehicles.
The EIA report says that increases in fuel-efficiency standards, use of renewable fuels and advances in technology will translate into less dependence on imported oil. At the same time, the reports projects that hybrid vehicles will comprise 38% of total sales by 2030 – a hefty share if any investor is willing to wait 21 years for that kind of growth.
While some form of battery-powered vehicle will emerge in the coming decades, the U.S. market will also see a diversification in fuel consumption flex-fuel, hybrid, and diesel vehicles, according to the…
Joining a chorus of ailing U.S. automakers, Toyota Motor Co. (TM) yesterday (Monday) forecast its first operating loss in 71 years on plummeting demand and sharp appreciation of the Japanese yen. The announcement prompted Moody’s Investors Service to consider downgrading the company’s top-rated credit.
The manic-depressive trading activity continues to cause nauseating headaches for the investors brave enough to own shares of the nation’s automakers. On Friday they celebrated victory in Washington. Today, it looks like the smiles will be short-lived.
After U.S. Federal Reserve policymakers meet today (Monday) and tomorrow (Tuesday), most experts expect a half a percentage point cut in the benchmark Federal Funds Rate – which is already 1.0%.
Job market takes another turn for the worse… unemployment data at 26-year high… Government solution:spend… budget and trade deficits swell more than expected… Byron King on falling oil demand… and what it means for long-term investors… Gold soars… Ed Bugos with some fresh price targets… Signs of the times… Chinese bank opens in U.S., world’s biggest LBO collapses… Plus, Chris Mayer on the automaker bailout
Dollar-Euro parity? Crude at $12 a barrel? 15% unemployment? J. Christoph Amberger presents the Today’s Financial News top predictions for 2009…
With all of this talk about saving Detroit and bailing out the American manufacturing industry, I am stunned that more people are not seeing the fallacy smack dab in the middle of this debate. Take a look at the proposed business plans the Big Three handed Congress last week and you will quickly see “green” technology is at the heart of their plan.
The fact that after over 30 years of consistent mismanagement and decline, there is still any discussion on whether or not we should allow the now significantly smaller “Big Three” automakers to fail is clear evidence that Washington has lost all common sense.
