MenuThe long-anticipated global market correction may now be upon us. Worldwide stocks extend their losses over the weekend, leaving little room for optimism of a macroeconomic rebound. Chinese goods-exports growth slowed to 5.4% year-over-year in November, down from 15.6% in October. S&P futures are now down 10% on the year and the Dow Jones is
Monthly Archives: December 2018
GM Must Adapt Or Die: A Lesson For U.S. Automakers
General Motors (NYSE:GM) announced Monday that it would be closing down five of its facilities across the United States, ceasing the production of six of its sedan brands, including the Buick LaCrosse, Cadillac CT6, XTS, Chevrolet Cruze, Impala, and hybrid-electric Volt. GM will also lay off some 15,000 workers. The car manufacturer claims that through