Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
They’re already under pressure from the deteriorating market.
Well, that didn’t take long. Whatever happened to Eurozone’s new bail-in rule?
The stakes are enormous.
This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE.
This is getting serious.
Ugly long-term charts that Wall Street doesn’t want us to see. And now US stocks are infected too.
Rampant unaffordability and a slew of other reasons.
Companies feel the pain as euro junk-bond yields more than doubled.
No one knows what’s going to happen.