Why a maker of spark plugs and wiper blades has Wall Street worried(theguardian.com)

11 pointsby morkalork9 mesi fa4 comments

Why a maker of spark plugs and wiper blades has Wall Street worried

https://www.theguardian.com/business/2025/oct/10/first-brands-wall-street

4 comments

soared9 mesi fa

The old saying rings ever more true with this article. If I owe the bank $50, it’s my problem. If I owe the bank (or private debt lender who did not do enough due diligence) $50B it’s potentially the first domino in a global economic collapse impacting most people on the planet.

Dam cheap auto parts, didn’t have they on my bingo card for the next recession.

Ekaros9 mesi fa

I have heard comments about private equity being so desperate of finding places to invest that they are throwing good money after bad money. Or even doing stuff like not getting paid on debt anymore. If this is true, it is just an other wobbly card in already wobbly looking house of cards...

Greed is once again destroying it all. And this time it is bigger than ever.

111010100011009 mesi fa

Gotta love when the journalist finds an expert, asks the question, and the expert goes: "My guess..."

grues-dinner9 mesi fa

To be fair, economists can only guess in this situation. If you want them to be confident why they were wrong today about what happened yesterday, you must wait for tomorrow.