Gadget producers under shrinkage

 Fears that the recession-hit U.S. consumers will decrease the third-quarter earnings for makers of MP3 players, cell phones and other gadgets, pummeled the stocks of consumer electronics companies like Apple Inc and SanDisk Corp on Tuesday, a day after they issued grim forecasts. This is relatively normal in a tightening economy, where the consumers give up first to the luxury and the technology goods when their revenues get tighter.Read More »Gadget producers under shrinkage

Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis

As anticipated in our previous posts (unfortunately), shares continue to decline today on all the major markets, especially in Europe and Asia. There is an old investment adagio which says that “No news is bad news” (Ernest Hemingway, “For Whom The Bell Tolls). In this particular case, no good economic news means bad news for our shares investments.Read More »Stocks in Europe, Asia, US continue to decline – European banks on the second wave of the subprime crisis

The Japanese cars producers advance their US market leadership

HondaI found today a couple of interesting articles on the Japanese car producers which have US factories.

Everything started in 2006, when it was announced that the combined market share of the main Asian auto makers (Toyota, Honda, Hyunday and others) has exceeded the one from the native Detroit car makers. It was a big hit to the local car producers and the US manufacturers (such as Ford or GM) announced big restructuring plans… Unfortunately for them, those plans failed to deliver the promissed superiority, whilst the Japanese producers continued their advancements in the car manufacturing.Read More »The Japanese cars producers advance their US market leadership