Sunday, July 6, 2008
Just a quick note about oil and autos:
I'm sure you are already doing this, but continue to keep an eye on oil. If we manage to hit $160 a barrel or higher before the end of the summer, GM and Ford could face bankruptcy or a merger. I just don't think that they will be able to react fast enough. Just my humble opinion.
-Sincerely, Trevor Stasik
Oil, Autos, Ford, GM