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Online Share Trading

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America

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jakes007
Contributor
Does anyone have an opinion on wether America is going to pump money into their car industry? And what the effect of doing it or not will have on our markets esp(sol,bil,agl) I'm not a veteran in this field but I think those share prices will drop if they dont?
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3 REPLIES 3
barry_1
Super Contributor
The direct platinum stocks are likely to drop even more as it affects the supply of catylitic converters....AGL has many other metals so is not likely to be so badly effected....How ever it's unlikely that any of the big three auto makers will close their doors,as some means will obviously be found to save them.
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Not applicable
If the big 3 collapsed, and stopped producing those gas-guzzling monsters, demand for oil would drop, so the oil price would drop, and therefore SOL would drop.
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Not applicable
... that is, unless the Yanks then buy Land Cruisers to replace their Yank Tanks...
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