The biggest threat to Ferrari is if the printing presses running at full speed due to quantitative easing slow down... points of thought...
Ferrari is usually about (our) discretionary income. Couple that with already being overpriced and operating with higher margins and I think Ferrari can weather this better than most.
Story is coming out of Brussels and the EU... A) don’t trust ‘em. B) screw ‘em
I think tariffs mess up their (EU) plans more than their bottom line and they are crying before the first blow has even been feinted. They don’t want to play fair up front... they just want to whine about being corrected.
If this happens Ferrari is in big trouble
I thought you would be interested in the following story from The Wall Street Journal. Crash on the Autobahn Download the Wall Street Journal app here: WSJ.
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Scars are Tattoos with better stories !
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Clyde Romero
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