XJO 0.34% 7,796.0 s&p/asx 200

auto industry

  1. 1,188 Posts.
    What effect would a bailout or failure of US auto makers have on aussie market?

    A bailout might be a temporary positive for the US economy as it will keep jobs and therefore a positive for Australia.

    A failure might be positive for Japanese car makers and Japanese economy. As our biggest export market this may be positive for Australian commodities.

    So, either way we should do ok, any comments?

    von.
 
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