LIKELY THEY ARE VERY SIMILAR TO
THE EFFECTS OF OF SAY A MUSTARD
GAS AS WELL SO WHAT IF YOU
WATCHED THE STORY OF COURSE HAS
IT IT DEVELOPS.
WELL THINGS HAVE TAKEN A TURN
FOR THE WORSE BETWEEN THE
UNITED AUTO WORKERS UNION AND
GM, THE U A W REJECTING
GM'S LATEST PROPOSALS TO REACH
A DEAL AND TO END OF THIS RIGHT
AS THE STANDOFF ENTERS ITS
4TH WEEK, MIKE ELIAS IS
REPORTER AT THE WALL STREET
JOURNAL ON WITH US THIS
AFTERNOON WITH CHAD
ABOUT IT LIKELY TO HAVE YOU AS
ALWAYS ON FRIDAY NEGOTIATORS
SEEMS PRETTY HOPEFUL AN
AGREEMENT WOULD END THE
STANDOFF BUT WHAT HAPPENED OVER
THE WEEKEND.
>> I THINK A LOT OF TERMS LIKE
TO GET OUT OF PRODUCTION GAME
BECAUSE I THINK AWFUL STARTS
WITH FELT LIKE.
>> YOU'RE GOING TO SEE A DEAL
YOU KNOW EVEN IN RECENT WEEKS
AND THIS SEEM TO BE THE MOST
HOME AND
THEY HAVE THE EAGLES ARE 100
PEOPLE LIKE A DEAL WAS PROBABLY
WOULD AND REACH SOMEBODY AND WE
CAN ONLY
THIS WEEK AND IT COULD HAPPEN
YOU MAY NOT BE THAT FAR OFF IT
SUNDAY WAS CERTAINLY
THINGS WENT SIDEWAYS YOU HAVE
YOUR W COME OUT REALLY
SHARPLY WORDED A STATEMENT
SAYING YOU KNOW IT CAN BE MORE
DISAPPOINTED IN GERMAN
ESSENTIALLY SAYING THAT YOU
KNOW WE WA THE EURO IS MOST
RECENT TO. THE PROPOSAL NOW
G M YOU KNOW THEY'RE
BEING A LITTLE MORE QUIET BUT I
KNOW HOW YOU WANT THE COMPANY
WOULD DISPUTE THAT
CHARACTERIZATION OF THINGS THAT
ANOTHER BACKER TABLE NOW, BUT I
DON'T KNOW
THAT ANYONE WAS WAS A EXPECTING
THINGS TO TO GO OFF THE RAILS
LIKE THEY
DID YESTERDAY.
>> I HAVE THE STRIKE'S IMPACT
IT'S UP HIRES AS WELL DOWN THE
CHAIN MIGHT.
YEAH YOU KNOW IT'S IT'S ALL OF
THE SUPPLIERS.
>> HAVE AT LEAST YOU
KNOW HOW GENERAL MOTORS
EXPOSURE HAVE BEEN IMPACTED
YOU'VE ALSO
SOME SPILLOVER GM'S OPERATIONS
LAST WEEK THEY HAD TO TAKE DOWN
A PICKUP TRUCK PLANT AND MEXICO
BECAUSE IT CAN GET SUPPLIES
RELATED TO
THIS STRIKE HERE AND SO YOU
KNOW YOU'VE GOT THESE 46 COST
1000 WORKERS IT. BUT YEAH WE'RE
OUT
OF WATER. BUT THERE'S ALSO
PROBABLY ANOTHER 10 1000 KLAAS
AND THE
SUPPLY BASE BACK TO THAT WAS
WELL YOUR SHIPS JUST IN OUR
PARKS DEPARTMENT ARE STARTING
TO BE CONTACTED ON NOT SO MUCH
YET IN THE SHOWROOMS BECAUSE OF
YEARS THAT HAVE INVENTORY
THERE. THERE'S BEEN A MAJOR
SPILL OVER EFFECT THINK OF THIS
TRIAL.
>> EARLY AND NOT TO MENTION OF
COURSE THE IMPACT ON THE
PERSONAL INCOME OF THOSE WHO
ARE STRIKING WHO HAVE BEEN NOW
FURLOUGHED THE PRODUCTION
ALSO IMPACTED. HERE A LITTLE
BIT AS WELL NOW INVESTORS, HOW
WORRIED SHOULD THEY BE A GIVEN
THAT THESE LOSSES ARE S MADE IT
TO EXCEED NOW
50 TO HIM, $100 MILLION EVERY
SINGLE DAY AS A RESULT OF THESE
PROTEST.
>> YEAH, THE BEST GUESS IS
WE'RE AT A LITTLE OVER A
BILLION
NOW AND IT RECKONS THAT JIM BOB
WON BECAUSE THEY PUT THIS ITS
REVENUE IS SEEN AS THESE
CARS AND VEHICLES LEAVE THE
FACTORY IN EARTH SHIFTED YOURS
AND SO I THINK WITH GM I THINK
WHAT THE ONE BIG PROBLEM HAS
BEEN CAUGHT A LOT OF THE REALLY
LOOKING TALKING TO WALL STREET
ABOUT A STRONG 2ND HALF TO THE
YEAR A LITTLE BIT OF A DOWN 1ST
HALF BECAUSE SOME OTHERS TRUMP
FACTORIES IN THE U S.
HAD TAKEN OFF LINE FOR SEVERAL
WEEKS TO GET READY FOR A NEW
GENERATION OF A PICKUP TRUCK TO
SHOW
FOR IT SO THE SILVERADO AND GMC
SIERRA ARE JUST GETTING WORSE,
I'M A I'M NOT LAUNCH OF
THOSE TRUCKS. SO THAT'S KIND OF
STOPPED IN ITS TRACKS. SO THAT
THAT 2ND HALF PROSPECT THAT GM
WAS LOOKING FOR OR I THINK IS
PRETTY TOP NOW IT'S STILL GOING
AHEAD EARNINGS AND GOING IN THE
REPORT. AND THERE'S THERE'S
PAIN WERE ASSIGNED
TO WRITE WAS THERE OBVIOUSLY
NOT DRUNK PICTURE FROM THE
COMPANY THEY'RE GETTING
250 ARES ME AND STRAIGHT A FROM
THE UNION. BUT THAT'S YOU KNOW
MOST OF THESE WORKERS ARE
MAKING MORE THAN A $1000 A WEEK
SO VOTERS AREN'T
YOU KNOW START TO GET A LITTLE
CHILLY AND WET WEATHER HERE
LAST AND SO PEOPLE WANT I'M
VERY MUCH ON SOLDIERS.
>> AND JUST STICKING WITH YOU
KNOW THE PROPHET IMPACT AS WELL
THE COMPANY HAS REAFFIRMED ITS
KINDS FOR
2019 EXPECTING ADJUSTED FOR
YOUR EARNINGS PER SHARE BETWEEN
$6.50 AND $7 THAT WAS IN AUGUST
OF THE LAST TIME WE REALLY
HEARD FROM THEM. ON THE
EARNINGS FRONT. WHEN THIS
CONTINUES AS THIS CONTINUES
AT WHAT POINT DOES THIS START
TO IMPACT SOME ALL
WHERE THEY WOULD HAVE
REINVESTED SOME OF THOSE
PROFITS BACK INTO THE BUSINESS
TO GO INTO FUTURE.
LINES INTO FUTURE PRODUCTS OR
JUST INVESTING IN THE NEXT
GENERATION OF TECHNOLOGY THAT
WE'RE SEEING A LOT OF THE AUTO
MANUFACTURER'S REALLY FOCUS
THEIR ATTENTIONS ON AND THIS
BEING THROUGH
THEIR PROFIT.
>> YEAH TO BUY AND THERE HAVE
BEEN SOME ANALYSTS NOW ARE
TAKING DOWN THEIR 3RD AND THE
4TH QUARTER. AH YES PROJECTIONS
AND YOU KNOW WHAT YOU MENTIONED
ACTIVITY JUST HERE. YOU BUT
YOUR GOVERNMENT OFFICIAL AND
SAID YOU KNOW THIS IS THIS IS
THAT BECAUSE WE'RE GOING TO GO
IN AND HALF DOLLARS THAT COULD
HAVE OTHERWISE BEEN ROLLED INTO
THE CONTRACT AND I THAT'S NOT
TO SAY THAT.
>> YOU KNOW THE U A W YOU KNOW
SHOULDN'T HAVE A ON STRIKE, I
MEAN THEY THEY WENT
INTO THIS.
>> WITH A LOT OF ANGER OVER
PLANT KNOW IT'S BEEN ALMOST A
YEAR NOW GM'S OTHER ACROSS
SEVERAL PLANTS IN THE US,
IT WAS.
>> WHICH ARE THE IDEA IS THAT
CAME AT THE HEIGHT OF THE
MARKET AND YOU MUST MAKE A
RECORD CROP
AND SO YOU SEE A LOT OF THAT
RESIDUAL ANGER SPILL OVER BUT
YOUR POINT. YOU KNOW THERE'S
MONEY BEING LOST HERE. I'M
BULL'S EYES.
>> OK 54 DAYS BACK IN 1998 WERE
22 DAYS NOW I KNOW YOU DON'T
WANT TO BE THE
PREDICTION GAME. BUT IS THERE A
WAY THAT WE CAN AT LEAST LOOK
FOR SOME A BRIGHT SIGNALS
AND THAT PROGRESS IS BEING MADE
I MEAN YOU KNOW CAN CAN WE LOOK
TO 1, THING OR ANOTHER.
>> I THINK THE BIG QUESTION
AFTER THE NASTINESS THAT WENT
BACKWARD YESTERDAY ON
SUNDAY WAS. YOU KNOW WE THAT WE
NEED WE NEED TO CHECK AND SEE
BECAUSE THEY REALLY ARE.
THERE WAS SOME POSTURING GOING
UNIONS SIGNED AND THE REASON I
SAY HAS NO BOTH SIDES OF ME
NEED WHATEVER TYPE OF AGREEMENT
THEY WALK OUT OF THE ROOM WITH
WE NEED THAT TO BE READ BY ME
THE RIGHT TO FILE TO VOTE.
YES ON A US NOT TO DO ANYBODY
ANY GOOD TO GO BACK TO THE
TABLE AND SO WHAT WE'RE SEEING
NOW MAY
BE OVER IT ON UNIONS ARE
PUTTING ON A GOOD FACE FOR ITS
MEMBERS SAY AND WE'RE GOING TO
AND WE'RE
FIGHTING ABOUT CONTRACT
POSSIBLE AND EVEN THE COMPANY
KNOWS THAT IN THE END THAT
COULD
I A I GOT TACTICAL MEASURE TO
TO MAKE SURE THEY GET
THE GOAL THAT THEY WANT ONCE
THAT YOU HAVE THESE THINGS OUT
I'M TOLD ARE PRETTY CLOSE ON
MOST OF THE STICKING
IT COULD IT WOULD SHOPPING WHO
WAS IN THE NEXT COUPLE DAYS, OK
RETURN NEXT WEEK TALKING AGAIN