Thursday, October 2, 2014

I'm not a Jim Cramer fan...


The article here quoting the CNBC host gives an easy to understand glimpse of how things are falling apart all over as seen through the lens of Ford Motor Company:
Digging into the weakness, Cramer said Ford actually "dropped three bombs at once: They said Europe had gotten bad, South America is now terrible and the United States is weaker than they thought."
Remains to be seen if any myth of global economic recovery will remain intact as we close in on the U.S midterm elections. By the way, Obama's sanctions against Russia are a big part of what's hurting Ford (and others) right now.

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