On the same subject & related Goodyear Winter tires:
Kim Adams, tyre tester for Auto Express, commented on the tyre’s impressive performance in snowy conditions: “The (UltraGrip) Performance+ dominated our snow tests with an almost two percent advantage over the next best… with a strong front grip and a rear that follows rather than slides through turns. Traction on lock was also impressive in an area where many rivals struggle.”
Interesting article on AI and the impact on the auto-industry and specially the trucking activity.
As always in order to fully understand a problem you should analyze in its different workable variables and then make an assessment, is not doomsday (although it will impact several person)but most probably will be a pivotal one specifically for the current truck drivers
Great podcast on going public: direct listing vs IPO. Also read the latest blog post money stuff I have shared last week on the same subject (why there is this implicit pop). Let you make your own analysis & opinion
Global slowdown & risk of recession increasing, although not foreseeable for 2020
Key takeaways:
- US hit by the fade out of the fiscal stimulus sugar high & trade war impacting overall economy;
- US evolving to potential (1,8% growth rate)
- Fed should cut at least 1 more interest rate (probability of BS expansion to resume) - this supported by overall economy (see presentation on US monetary policy)
- Europe sluggish growth 1% as global trade is stalling specially impacting Germany and Italy based on internal unbalances;
- Brexit impact already kicking-in with negative consequences (Hard Brexit would make the picture even worse)
- Potential growth for Europe 1.5% (above forecasts)
- China 6% growth new normal
- Japan better than previously expected 0,8%
- Brazil speeding up, but still very contained growth
the 3 presentations bring more color and the conference more insights!
