it saddens me when I see the headlines about recalls over the past few years – this year alone, about 29 million worldwide.
Last year, GM sold 2.8 million cars and trucks. So, these recalls are the equivalent of a decade’s worth of production.
Our warning column on General Motors Co.(NYSE: GM) really seemed to resonate.
It generated a lot of emotion, eliciting some personal experiences from you folks and even a few suggestions that we recommend “shorting” the stock.
But it wasn’t just our subscribers who responded to that analysis.
We also received a very strong response from GM itself.
I cannot overstate what a big role General Motors (NYSE: GM) has played in my life. So, it saddens me when I see the headlines about recalls over the past few years – this year alone, about 29 million worldwide.
Many on Wall Street and in the mainstream financial media are saying this is a “Buy” opportunity.
The post Here’s What the Recalls Mean for GM Stock appeared first on Money Morning – Only the News You Can Profit From.
When the Internal Revenue Service (IRS) issued its guidance on digital currency a few weeks ago, it seemed that Bitcoin investing had gotten some very good news.
I strongly believe that everyone should own some physical gold. It’s been the store of value, and the preferred method of asset protection for more than 5,000 years. It’s irreplaceable.
But I also believe that every investor ought to own at least some of the new digital money known as bitcoin.
In Silicon Valley, there’s a term for products that a company makes bold statements about and always seem on the cusp of launching but never quite materialize – vaporware.
When you peruse the tech-dominated headlines these days, a lot of the talk is about how smartphones and tablets are taking over for notebooks and laptops – which had taken over for desktop PCs.
But with the confusing mix of keyboards, track pads, touch-screens, and even voice and gesture commands that are in use today, there are at least as many different ways to interact with all those computing devices as there are different devices themselves.
But Intel Corp. (Nasdaq: INTC) is pioneering a new type of technology the chip-giant says will bring order to this interface confusion.
And it refers to this invention as “perceptual computing.”
No doubt, this is Intel’s latest attempt to regain its relevance in a world that is going mobile at an accelerating rate – a transition that has transformed the once-dominant firm into a veritable also-ran. And most of these earlier attempts amounted to almost nothing at all.
But I believe perceptual computing is different – and, in fact, could have two important results.
This is a syndicated repost published with the permission of Money Morning – Only the News You Can Profit From. To view original, click here.…
This is a syndicated repost published with the permission of Money Morning – Only the News You Can Profit From. To view original, click here.…
