Obama and the Future
It seems that nothing much have changed in the past month or so. The uncertainty of the global economy is growing and stocks are still going down. However, it is not all doom and gloom. Things are being stabilized a little for now as gasoline prices appear to be bottoming out and bad financial news [...]
Tagged as: bac, c, change, f, gasoline, gm, merger, obama, recessionBailout 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, unionsGas at $130; Gold Pullback to $900
The gasoline prices at the pump is going out of hand. It keeps rising to its new highs due to low supply worldwide. For many people, gas is like a need rather than a want because it is not easy to travel within North America without an automobile. Therefore, a car is one of the [...]
Tagged as: alternatives, commodity, crisis, currency, Economy, gasoline, gold, investment, necessity, supply, year 2000Airline 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