CNBC Bonus Bucks Trivia: In Bob Pisani’s blog post, “Global Theme: Inflation Worries” how many nations does he specifically name?
Source: http://feeds.feedburner.com/~r/StockMarketBeat/~3/310590231/Posted on Thursday, June 12th, 2008 | In Current Market News, Stocks to Watch
In Bob Pisani’s blog post, “Global Theme: Inflation Worries” how many nations does he specifically name?
In China, a measure of inflation at the factory rose 8.2 percent in May, the highest in nearly four years, thanks to higher raw material costs. Inflation in Asia is a particular concern, because many countries there have very little account surpluses, heavily subsidize their citizens’ fuel consumption, and import much of their food and energy. This includes Korea, the Philippines, Thailand and Vietnam.
1) Ford (F) has already said it would be putting off its plan to return to profitability. Now, it’s assembling a plan to rapidly shift entire truck plants in the U.S. to car production, specifically some of the small cars it is producing in Europe, according to The Detroit News.
That’s six by my count.
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 About William A. Trent (http://stockmarketbeat.com)
Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. His experience includes stints with institutional investors responsible for more than $70 billion in assets and covers all market-cap sizes. Sector concentrations have been within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. |
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