The UAW Strike Costs General Motors $50 Million

UAW工人罢工导致通用汽车每日损失5000万美元

—each day, in earnings. The United Automobile Workers voted to strike on Sunday and told its roughly 46,000 members to walk out or not show up to work Monday. That’s the largest labor action in the U.S. in more than 10 years.

上周日（9月15日），全美汽车工人联合会(United Automobile Workers，缩写UAW)投票决定罢工，UAW告诉大约4.6万名通用汽车(General Motors, GM)的工人周一走上街头参加罢工活动或者以不上班的方式进行抗议。这是十多年来美国规模最大的罢工行动。

The strike comes after General Motors (ticker: GM) laid off workers and shut down several plants last November. Since then, one of the unionized workers’ biggest points of contention has been the company’s use of temporary workers. In its first day, the strike sent GM shares down just over 4%.

去年11月，通用汽车采取了裁员和关闭工厂的措施。在那之后，UAW和通用汽车最大的争论焦点之一就是该公司使用临时工的问题。罢工第一天，通用汽车股价下跌超过4％。

5% of the World’s Oil Supply Was Taken Off the Market on Saturday

上周六（9月14日）全球石油供应量减少5％

—by the drone attacks on key Saudi Arabian oil infrastructure. The attacks sent oil prices sharply higher on Monday. President Donald Trump authorized the release of crude from the U.S. Strategic Petroleum Reserve if needed.

原因是沙特阿拉伯的主要石油基础设施遭到无人机攻击。袭击导致周一（9月16日）油价大幅走高。美国总统特朗普(Donald Trump)已授权在必要时释放美国战略石油储备。

Rising oil prices also sent shares in oil and gas stocks higher on Monday. Particularly those with lots of U.S. oil field assets that haven’t hedged their price exposure. Those include Occidental Petroleum (ticker: OXY), Continental Resources (CLR), Brigham Minerals (MNRL), Murphy Oil (MUR), Pioneer Natural Resources (PXD), EOG Resources (EOG) and Diamondback Energy (FANG).

周一油价上涨也推动石油股和天然气股走高，特别是那些没有对冲油价风险、拥有大量美国油田资产的公司。其中包括西方石油(Occidental Petroleum, OXY)、Continental Resources (CLR)、Brigham Minerals (MNRL)、墨菲石油(Murphy Oil, MUR)、Pioneer Natural Resources (PXD)、EOG Resources (EOG)和Diamondback Energy (FANG)。

There is a 90% likelihood that the U.S. Federal Reserve Cuts Interest Rates

美联储降息的可能性为90％

—by a quarter-point when policy makers conclude a two-day meeting on Wednesday. At least, that’s what the market is pricing in.

美联储决策者在周三（9月18日）结束为期两天的会议后可能会再次降息。至少这是市场定价水平反映出来的预期。

Assuming that we will get a rate cut, the next big question is what hints the Fed may drop about where rates are headed longer-term. Currently, markets are indicating that it is slightly more likely that the Fed will cut rates again before the end of the year. So any shift in the central bank’s tone or temperament could change expectations.

假设美联储真的再次降息，那么下一个需要重点关注的问题是美联储对利率长期走势所做的暗示。目前市场预计美联储在年底前再次降息的可能性更大。因此，如果美联储的表态发生变化，那么市场的预期可能也会随之生变。

翻译 | Anqi

版权声明：

《巴伦》(barronschina) 原创文章，未经许可，不得转载。英文版见2019年9月17日报道“Podcast: 46,000 General Motor Workers on Strike”。

（本文内容仅供参考，投资建议不代表《巴伦》倾向；市场有风险，投资须谨慎。）