Deutsche gets it right
April 8th, 2005 by 
InLibrisLibertas
The Deutsche Bank analyst quoted in the previous post looked pretty good when Ford announced after the close that it was cutting its 2005 profit forecast from $1.75-$1.95 to $1.25-$1.50. I expect further lowering as the year goes on.
It is not far-fetched, IMO, to expect that both Ford and GM will at least threaten, if not file, bankruptcy this year, in order to break the crippling grip of the UAW.
Posted in Fixed Income, Stocks | 