Did you hear that rumble coming from Detroit yesterday? Ford Motor Company will focus on SUV and trucks. Gone will be Taurus, Fusion. 90% will be trucks, SUV and commercial vehicles in two years.
There’s no good time to address massive trade deficit with China, Gregg Doud says. China has produced as much steel in month as U.S. has in entire year. China has 47% of world’s residual supply of corn and 40% of world’s residual supply of corn. Doud says this is depressing U.S. prices for commodity.
Pilfering from the collection plate in church? We hear about it from time to time. At Chicago’s downtown Holy Name Cathedral as much as $100,000 may have been taken.