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What's Ahead for GM

Article Abstract:

Roger Smith is the chairman of General Motors Company (GM). In an interview he gives the reasons he believes the automobile market is seeing more sales. He blames the dollar's strength for GMs weakness against Japanese imports. In markets where the yen-dollar differential is unimportant, GM competes evenly with the Japanese. He believes GM must develop a modern transverse-front-wheel subcompact to compete with the Japanese models. The company is currently working on such a car, but does not expect to produce it before 1990. He expects that talks with the unions will be successful, because people do not want to go through another lay-off. GM is producing cars at their current capacity now.

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Go for the Gold

Article Abstract:

The price of gold is expected to rise in the coming months. In 1983 and early 1984 foreign money was more interested in investing in the dollar when bad news surfaced than in investing in gold, which was the traditional haven during uncertain times. Several indicators now show gold is beginning to regain favor. Some of these signs are seen in the rise of gold shares, which are regarded as an early indicator in the price of gold, and the weakness in the dollar.

Prices and rates, Gold

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Almighty Dollar?

Article Abstract:

The dollar is in a short term reversal against foreign currencies. While many expect the dollar to resume its rise or at least maintain its old strength, still others are skeptical. The worsening in the United States balance of trade is cited as the strongest reason for the dollar to decline.

United States, Foreign exchange

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