Wall Street Media presents exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wachovia Corporation (NYSE: WFC), sharing his thoughts on GM’s filing for bankruptcy protection on Monday. He explains that the auto industry is in the process of having capacity substantially decreased, balance sheets recapitalized and distributor/employee obligations restructured and also notes the failure of ratings agencies to act in a timely fashion.
Please visit the following link to view the video:
Wall Street Media also presents exclusive video of the insightful Todd Sullivan of ValuePlays sharing his thoughts on United States Natural Gas (NYSE: UNG), explaining that anything could cause a spike in it, because natural gas is more responsive to usage and there is currently less supply. Todd also warns investors not to be too optimistic about current unemployment and housing status, because they are in a resting period for a further drop.
Please visit the following link to view the video:
http://wsmco.com/show.aspx?1409_Current_Market_Outlook
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