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GM Doesn’t Need Money

March 12, 2009

AP reports that General Motor’s (GM) CFO says they don’t need $2billions as cost cutting is bearing fruits. Quite interesting, and possibly a good sign for GM’s survival. But I think more than cost cutting, they need to have cutting edge car models and this cutting edge doesn’t mean high…

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March 12, 2009

Auto Bailout, China and Japan

December 22, 2008

The news is not getting better, rather gloomier day after day (which is BTW also one of the contrarian indicator of bottoming markets). According to Wall Street Journal, investors pulled out record amounts $72 billion from stock funds overall in October alone. One of the hallmarks of the long market…

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December 22, 2008
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