What's percentage of GS on the right side?
jWishbone 发表于 2010-11-3 12:05
No idea. In any case, you have no idea whether GS is buying on behalf of its clients or for its own book. Considering that GS acts as the clearing broker for a lot of large hedge funds, you could only gauge how GS clients are leaning rather than how GS is leaning.
The low rate is helping the auto industry. Look at the following growth rates over last year!
Honda (HMC) Oct. U.S. sales: +19.8% to 98,811 vehicles.
Chrysler (FIATY.PK) Oct. U.S. sales: +37% to 90,137 vehicles.
GM Oct. U.S. sales: +3.5% to 183,759 vehicles, with core brands (the four remaining) up 13%.
Hyundai (HYMLF.PK) Oct. U.S. sales: +37.6% to 42,656 vehicles.