Bosch warns material prices could hit growth

Discussion in 'Wall St. News' started by ASusilovic, Dec 16, 2010.

  1. A sharp increase in raw material prices will slow down Europe’s economic growth next year and could put smaller supplier companies in financial trouble, the head of Bosch has warned.

    ...

    “We have 37 suppliers on our watch list,” said Hans-Georg Härter, chief executive of ZF Friedrichshafen, another German car parts supplier. “Several have significant problems.”

    http://www.ft.com/cms/s/0/64322fa6-0944-11e0-ada6-00144feabdc0.html#axzz18L9PZeOd

    The third large multi national warning of higher raw material costs feeding into troubles...
     
  2. yes moron,,,higher prices is lower demand in the real world not the ponzi scheme wall street..

    why do you think of the low volume rising prices...

     
  3. Buy XLB to cover yourself in the US.