$Tesla(TSLA.US)$ On September 14, a “black swan” may impact US stocks and even the US economy as a whole
The most intense in 40 years, America's “summer of strikes” will reach its climax this week!
We still have very big differences of opinion when it comes to labor contract negotiations. Strantis even wants the right to close and sell 18 factories
This may be the first time in history that the three major automobile manufacturers in Detroit in the US have gone on strike together.
Thursday, September 14 is the deadline for the National Automobile Federation (UAW) to threaten a strike at Detroit's top three automakers.
On Wednesday, UAW President Fain said that now Ford is proposing a 20% salary increase, GM is proposing an 18% increase, and Strantis is proposing a 17.5% salary increase. The salary increase proposed by these three major car manufacturers is far different from the salary increase proposed by UAW.
Fain said:
We still have very big differences of opinion when it comes to labor contract negotiations. Strantis even wants the right to close and sell 18 factories (without the need for factory workers to vote).
This may be the first time in history that the three major automobile manufacturers in Detroit in the US have gone on strike together.
Fain said:
We haven't made an offer that reflects the sacrifices and contributions our members have made to these companies. To win, we may have to act. We're preparing to hit these companies in ways they've never seen before.
However, Fain said:
We...