After a three day hiatus, the markets will reopen on Tuesday.
Is it apparent but the markets are one of my top most favorite things, go figure. It could be some regressive gambling gene that rears its miserable head in one's later years.
Right off the bat and SHA BAM, the Nikkei drops.
This sucks.
Look if there is no mini-bounce to the markets this week, it may be time to go back to graduate school or something, because you can kiss 2009 goodbye.
Reuters: Nikkei slips as tech, exporters sold; eyes on GM
Market attention was turned to the United States, with automakers General Motors Corp and Chrysler required to submit new turnaround plans by Tuesday showing how they can be made viable after receiving $13.4 billion in emergency aid.
3 comments:
GM is toast.
Its looking that way. They are a behemoth that can no longer continue as before. This is another part of the failings of Bush. Bush denied the energy crisis. Therefor there was no central plan for conservation and the creation of more efficient cars. All that actually went backwards with Bush. SO GM goes backwards as well and now they are pointless. The Volt is supposed to change things. I look forward to seeing something.
The Volt will never happen. It was just window dressing to sell Congress on giving these greedy pricks the cash they needed to FAIL! Another robbery by the Barons of greed!
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