Good morning. Nissan and Honda are holding merger talks. From an industry and investor point of view, this makes sense. The global car industry is capitally intensive, highly competitive and buffeted by change. Still, cars all look pretty much the same already; a few more mergers, and they will all be the same. Email us about the best car you’ve ever owned: robert.armstrong@ft.com and aiden.reiter@ft.com. The new year is approaching, which means that it’s prediction season.
If we get stagflation, devil take the hindmost, but staples and healthcare will probably be the foremost, à la 2022, while real estate will get hit both coming and going . Trump administration policy: If you think Donald Trump can deliver on his promise to cut energy prices by half, you know what to do: sell energy and utilities. Healthcare stocks are already trembling before Trump’s promise to “knock out the drug middlemen”.