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Ford Is Slashing 10,000 Positions And Closing 6 Factories In Europe
Ford Is Slashing 10,000 Positions And Closing 6 Factories In Europe Tyler Durden Fri, 08/14/2020 – 04:15 The auto industry continues to grapple with one of the worst recessions ever for the notoriously capital intensive sector. Ford, which feels like it has been in the midst of a yearslong “restructuring” that has never fully panned out… Read More
Which Market Sectors are Hot?
Chris Vermeulen joins Cory Fleck from the Korelin Economics Report to outline why he thinks something major is going to happen and not just in the US. He is looking at the rotation of “Big Money” in the markets and the recent moves in gold to support that assessment. Money is flowing out of safe havens… Read More
On This Day In 1961, The Berlin Wall Began To Rise
On This Day In 1961, The Berlin Wall Began To Rise Tyler Durden Fri, 08/14/2020 – 03:30 Authored by Fiona Harrigan via The American Institute for Economic Research, East Germany, formally known as the German Democratic Republic (GDR), wanted to be a paradise for the common folk. It called itself a “workers’ and peasants’ state.” Its anthem,… Read More