On CNBC, today, there was a discussion about financial support for the auto industry and that Michigan is now pointing to other countries that support their car makers, including Canada that has supported the US car industry with $3 billion.
And this got me thinking, again. What happens if all car making countries that are, not […]
In a somewhat surprising turn, consensus of the US government fell to the side of not bailing out the Big 3 auto makers in Detroit. And stock markets took a pounding. Based on positive signs in said markets, through last week and early this week, there was a clear sense that the multi-billion dollar bailout […]
It’s difficult to imagine, in times like these, that there are untapped opportunities of the magnitude of the high tech boom of the last 30 years.
We all like to believe that our favorite hobby has the potential to make us into millionaires or that our passion for physical fitness, fashion, beauty, art, automobiles, etc. provides […]
We’ve been seeing trends of positive gains on the stock market, in the past few trading days.
Today, we can see double digit percent gains in building materials (IPII), consumer cyclical, hotel and resorts (IHR), consumer non-cyclical, agriculture (ANDE), Semiconductors (NVDA), Metals, gold mining (NEM), and oil & gas (HK, SFY, PXP). Top sectors that I’m […]
There have been warnings about the ill-effect of deflation - the advent of an uncontrollable downward spiral of prices prompting layoffs at product suppliers, further curtailing demand by consumers who are losing their jobs.
This is a possible scenario and not one that any of us would want. That said, however, deflation is one positive sign […]
The free market system works on the principle that the forces of supply and demand converge on the market-clearing price of any good or service. On a global level, this means that a high tech worker in China may earn a lot less than a high tech worker in California but both have the same […]
This week, the USA awarded $15 billion to the Big 3 auto makers in Detroit. This was far short of the $34 billion requested and was a result of hearings that exposed the manufacturers’ leadership as out of touch with the market. It’s reassuring to read that the government is supporting job protection in these […]
