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November 9, 2008 at 10:10 AM in reply to: OT: China announces $586 billion economic stimulus plan #301862November 9, 2008 at 10:10 AM in reply to: OT: China announces $586 billion economic stimulus plan #302220
HereWeGo
ParticipantYeah, this seems like less than bullish news for the Treasury market. Yikes.
Then again, an expansion of Chinese domestic consumption might be bullish for US exporters. Will our citizens fill their WalMarts with US made goods?
November 9, 2008 at 10:10 AM in reply to: OT: China announces $586 billion economic stimulus plan #302227ParticipantYeah, this seems like less than bullish news for the Treasury market. Yikes.
Then again, an expansion of Chinese domestic consumption might be bullish for US exporters. Will our citizens fill their WalMarts with US made goods?
November 9, 2008 at 10:10 AM in reply to: OT: China announces $586 billion economic stimulus plan #302245ParticipantYeah, this seems like less than bullish news for the Treasury market. Yikes.
Then again, an expansion of Chinese domestic consumption might be bullish for US exporters. Will our citizens fill their WalMarts with US made goods?
November 9, 2008 at 10:10 AM in reply to: OT: China announces $586 billion economic stimulus plan #302300ParticipantYeah, this seems like less than bullish news for the Treasury market. Yikes.
Then again, an expansion of Chinese domestic consumption might be bullish for US exporters. Will our citizens fill their WalMarts with US made goods?
November 7, 2008 at 11:15 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301301ParticipantActually the market fell aggressively during Obama’s presser, then recovered to its previous high after the presser ended. Pretty much a push, but we’ll surely have plenty of data points in the future.
November 7, 2008 at 11:15 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301660ParticipantActually the market fell aggressively during Obama’s presser, then recovered to its previous high after the presser ended. Pretty much a push, but we’ll surely have plenty of data points in the future.
November 7, 2008 at 11:15 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301666ParticipantActually the market fell aggressively during Obama’s presser, then recovered to its previous high after the presser ended. Pretty much a push, but we’ll surely have plenty of data points in the future.
November 7, 2008 at 11:15 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301684ParticipantActually the market fell aggressively during Obama’s presser, then recovered to its previous high after the presser ended. Pretty much a push, but we’ll surely have plenty of data points in the future.
November 7, 2008 at 11:15 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #301738ParticipantActually the market fell aggressively during Obama’s presser, then recovered to its previous high after the presser ended. Pretty much a push, but we’ll surely have plenty of data points in the future.
Participant[quote=equalizer]Grant Thornton: “One way or another, these companies need to shrink a lot. In a merger, GM would eliminate as many as 40,000 of Chrysler’s 67,000 employees, and as many as 19 of its 26 car and truck models. 2/3 of 22,000 dealers could close!”
Wilbur Ross, turnaround king, says bailout needed to save 100,000 good paying jobs. “If you want market solution, then you will end up Walmart jobs.”
Fast Money crowd: Just buy out employees directly and they can train for better jobs. Then auto firms can be slim down and make only cars that people want like Corvettes and Ford GT.
Cramer: Dont buy auto sector until Govt bailout, then buy auto bonds, preferreds.
Ayn Rand: Screw MI and the lazy democrats, no bailouts for overpriced Corvettes.
[/quote]
Probably also wouldn’t hurt Wiiilbuuur’s portfolio of junk, err, automaker debt.
Participant[quote=equalizer]Grant Thornton: “One way or another, these companies need to shrink a lot. In a merger, GM would eliminate as many as 40,000 of Chrysler’s 67,000 employees, and as many as 19 of its 26 car and truck models. 2/3 of 22,000 dealers could close!”
Wilbur Ross, turnaround king, says bailout needed to save 100,000 good paying jobs. “If you want market solution, then you will end up Walmart jobs.”
Fast Money crowd: Just buy out employees directly and they can train for better jobs. Then auto firms can be slim down and make only cars that people want like Corvettes and Ford GT.
Cramer: Dont buy auto sector until Govt bailout, then buy auto bonds, preferreds.
Ayn Rand: Screw MI and the lazy democrats, no bailouts for overpriced Corvettes.
[/quote]
Probably also wouldn’t hurt Wiiilbuuur’s portfolio of junk, err, automaker debt.
Participant[quote=equalizer]Grant Thornton: “One way or another, these companies need to shrink a lot. In a merger, GM would eliminate as many as 40,000 of Chrysler’s 67,000 employees, and as many as 19 of its 26 car and truck models. 2/3 of 22,000 dealers could close!”
Wilbur Ross, turnaround king, says bailout needed to save 100,000 good paying jobs. “If you want market solution, then you will end up Walmart jobs.”
Fast Money crowd: Just buy out employees directly and they can train for better jobs. Then auto firms can be slim down and make only cars that people want like Corvettes and Ford GT.
Cramer: Dont buy auto sector until Govt bailout, then buy auto bonds, preferreds.
Ayn Rand: Screw MI and the lazy democrats, no bailouts for overpriced Corvettes.
[/quote]
Probably also wouldn’t hurt Wiiilbuuur’s portfolio of junk, err, automaker debt.
Participant[quote=equalizer]Grant Thornton: “One way or another, these companies need to shrink a lot. In a merger, GM would eliminate as many as 40,000 of Chrysler’s 67,000 employees, and as many as 19 of its 26 car and truck models. 2/3 of 22,000 dealers could close!”
Wilbur Ross, turnaround king, says bailout needed to save 100,000 good paying jobs. “If you want market solution, then you will end up Walmart jobs.”
Fast Money crowd: Just buy out employees directly and they can train for better jobs. Then auto firms can be slim down and make only cars that people want like Corvettes and Ford GT.
Cramer: Dont buy auto sector until Govt bailout, then buy auto bonds, preferreds.
Ayn Rand: Screw MI and the lazy democrats, no bailouts for overpriced Corvettes.
[/quote]
Probably also wouldn’t hurt Wiiilbuuur’s portfolio of junk, err, automaker debt.
Participant[quote=equalizer]Grant Thornton: “One way or another, these companies need to shrink a lot. In a merger, GM would eliminate as many as 40,000 of Chrysler’s 67,000 employees, and as many as 19 of its 26 car and truck models. 2/3 of 22,000 dealers could close!”
Wilbur Ross, turnaround king, says bailout needed to save 100,000 good paying jobs. “If you want market solution, then you will end up Walmart jobs.”
Fast Money crowd: Just buy out employees directly and they can train for better jobs. Then auto firms can be slim down and make only cars that people want like Corvettes and Ford GT.
Cramer: Dont buy auto sector until Govt bailout, then buy auto bonds, preferreds.
Ayn Rand: Screw MI and the lazy democrats, no bailouts for overpriced Corvettes.
[/quote]
Probably also wouldn’t hurt Wiiilbuuur’s portfolio of junk, err, automaker debt.
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