GM is moving its products away from big SUVs and light trucks and into more fuel-efficient vehicles. It is even trying to find a buyer for it's Hummer division.
Major changes such as this signal an inflection point in the stock market when firms are forced to make long-term changes at the worst-possible time.
2 comments:
All dow 30 down on Friday. Also Presidential election getting sorted out in 2 months. I expect the spreads to start narrowing, and risk to abate somewhat rapidly now.
Not until the commercial paper market has a normal curve. Deb
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