This chapter discusses the contrasting sides of General Motors (GM) and which side investors should focus on. While GM is struggling with the production of electric vehicles and their cruise Robotaxi unit, their core business of making gasoline-powered trucks and SUVs is generating a lot of cash.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg News Detroit Bureau Chief David Welch discusses General Motors beating Wall Street expectations for the fourth quarter and expecting profits this year to grow on improved sales as the US economy chugs along. Brad Case, Chief Economist at Middleburg Communities and Steven Skancke, Chief Economic Advisor at Keel Point, provide a preview the FOMC rate decision on Wednesday. Siggi Hilmarsson, Chairman and Founder of Siggi’s, talks about the company's digital detox program to give up your smartphone for a month. Bankrate Senior Data Analyst Alex Gailey reports on why American workers are struggling to save enough to feel financially comfortable. Techonomy Founder David Kirkpatrick and Bloomberg Intelligence Senior Technology Analyst Mandeep Singh break down Alphabet and Microsoft earnings. And we Drive to the Close with Sandy Villere, Portfolio Manager at Villere & Co.
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