Apr 132020
 

The auto industry — already fretting lengthy factory shutdowns and depressed new-vehicle demand — is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies.
— Read on www.bloomberg.com/news/articles/2020-04-13/fear-of-an-impending-car-price-collapse-grips-the-auto-industry

*How will consumers react? Huge incentives on manufacturers to move more new cars? If the values and prices for gently used cars drop people may feel better buying used rather than new. Many new people without regular income will lead to uncertainty and caution in household expenditures, especially large purchases like automobiles. Home price may also see a reset which could be rather significant. The home price reset may take time to become apparent. Look for a lengthening of days-on-market.

Feb 172020
 

Apple Warns That Coronavirus Will Hurt Revenue – The New York Times:

“Apple also said that demand for its devices in China had been hurt by the outbreak; it closed all 42 of its stores in the country last month and most have yet to reopen.”

*How much will this cost and how widespread will this be economically? Will this be a black swan like event that starts small and flies under the radar until it is on top of us and has widespread impact?

Jun 292018
 

One County Thrives. The Next One Over Struggles. Economists Take Note. – The New York Times:

“In a place with a depressed economy, for example, the most ambitious people move to places with more opportunity, leaving an even bleaker situation behind.”

Jul 122015
 

Signs of a Growing Hush in China’s Economy – The New York Times:

 

‘Of course car sales have not returned to normal levels — people are still very wary,’ Cui Dongshu, the secretary general of the China Passenger Car Association, which represents manufacturers, said on Friday. ‘They feel this spike in the stock market today is probably not sustainable.

Even with the rebound, $3.1 trillion in market value, much of it financed with borrowed money, has been erased since mid-June. Many experts worry about the damage to the Chinese economy, particularly if stocks continue to fall. Consumer confidence could suffer, weighing on the country’s growth and on economies elsewhere that depend on exports to China.

*Is Apple seeing fewer sales of the Apple Watch Edition (U.S. Apple Store pricing) in China? If yes, what is the degree of change in sales?

Sep 262013
 

Wal-Mart Cutting Orders as Unsold Merchandise Piles Up – Bloomberg:

“The pullbacks for this quarter and next imply Wal-Mart is expecting softer demand, Robin Sherk, a New York-based analyst at consulting and research firm Kantar Retail, said in an interview. “

*Why is Walmart expecting soft demand? What data are they looking at that indicates weaker sales in the near term?

Sep 102011
 

Canada Posts First Jobs Decline in Five Months – NYTimes.com: “Canada’s economy shed jobs for the first time in five months as the country’s unemployment rate rose to 7.3 percent from 7.2 percent in July”

(Via .)

It appears that the headwinds that were challenging the USA have shifted North to Canada.

May 192011
 

Entrepreneur guru Michael Gerber: Businesses fail because of owners, not economy | MLive.com:

“‘We are born to create,’ he said. ‘The only reason our economy sucks is people have forgotten that. … All of you, if the entrepreneur were awakened in you, would transform the state of the economy.’”

Interesting observation. It would be an improvement if more people thought about how they could effectively create a product or service and deliver it to customers.