Bailout or Bankruptcy?
GM and Ford will not fail. IMO, they are just too big to fail. The automotive industry is huge, and the global economy largely depends on it because a car is a necessity for many people. If GM and Ford fail, it will create a total disaster for the global economy. Millions of jobs will [...]
Tagged as: automotive, bailout, bankruptcy, competition, Economy, ford, fuel-efficiency, gasoline, gm, government, honda, japanese, jobs, labour, toyota, uaw, unionsGambling on Casino Stocks
It might be ironic to invest in casino stocks, but these stocks are looking quite attractive at the moment. No matter how bad the economy may look, people will still gamble at the casinos.
WYNN @ 47
One of the highest ranked luxurious casino resorts in Las Vegas
Recently released a very strong quarter about 2 weeks ago
Just [...]
Airline Stocks
Airline stocks have always been very risky due to the nature of the business and they are highly leveraged operations. The performance of airline companies is directly affected by fuel prices and other factors such as labour costs. As the price of gasoline increases, they need to spend more money to buy the fuel and thus maintenance fees will also increase. [...]
Tagged as: air canada, airline, bankruptcy, continental, delta, gasoline, merger, northwest, risky, united