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Auto industry suppliers are falling off on concerns production will come in lower for 2012 that...

Auto industry suppliers are falling off on concerns production will come in lower for 2012 that originally forecast. China is of special concern, with word out that the government won't provide stimulus to stoke demand. Decliners: DAN -4.7%, FDML -4.6%, AXL -4.4%, TOWR -2.7%.
Comments (1)
  • "China is of special concern, with word out that the government won't provide stimulus to stoke demand."

     

    Young copywriter: You are off to a good start. But common sense comes into play at some point. We know Weimar Germany and (fill in the blank) Latin America, but demand is demand. The government doesn't control that.

     

    On the other hand...for trading in the next ten minutes...a fortune made based on word out of China.

     

    "They demand what they want but they should want what we want."
    -- Yogi Keynes
    25 Jun 2012, 10:45 AM Reply Like
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