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alstry (36.06)

Not just Toyota.....

Recs

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January 16, 2009 – Comments (1)

Honda, Mitsubishi Motors to cut more jobs, production

WellPoint cutting 1,500 jobs

The slowdown has officially migrated into healthcare.......based on my recent conversations......the announcements in the sector in the next few months could be very interesting.

 And for all my INflation buddies.......:

Increase in consumer prices in 2008 is smallest in 54 years; CPI down in December

My suggestion is you start learning Alstrynomics......practical application is way more effective than theory and understanding accounting is much more important than English when it comes to investing.

Your witness.......

1 Comments – Post Your Own

#1) On January 16, 2009 at 4:00 PM, Varchild2008 (84.18) wrote:

MICHIGAN's latest job losses:

1)  Blue Cross Blue Shield    - 2000 jobs

2)  AAA Michigan  - 174   (actually -200 in total but 174 in Mich.)

3)  Circuit City      - ???   (35,000 or so in total...huge chunck of that is in Michigan where we have several stores)

4)  Pfizer      Cutting 2,400 Salespersons + 800 scientists... A good chunck of that will be in Michigan.

And just think... Michigan was 9.6% unemployment in November.  This latest bit of news will not only get us to double digits but probably 12% unemployment (30% when the Big 3 Auto Companys collapse) before too long.

*yikes*

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