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To: LLCF who wrote (91217)4/6/2001 7:48:31 PM
From: BigBull  Respond to of 436258
 
DAK it's spreading now, GM debt downgraded by Moody's:

biz.yahoo.com

Moody's said GM faces ``near-term'' challenges in addressing ``the continuing erosion in its domestic market share position, intensifying competition from German and Japanese manufacturers in the U.S. truck and SUV (sport-utility vehicle) markets, and the severe weakness in its international operations.''

To the extent GM cannot effectively address these concerns, Moody's said, its ``operating performance, cash generation, and debt protection measures would be lower than we originally anticipated during any slowdown in the U.S. automotive industry.''

futures.tradingcharts.com

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Imo that Yen chart is a reflection of Japanese POLICY. Second half will probably see some pretty brutal price competition. We may just all have to take a bite of Japanese deflation.