Throughout the summer, we’ve heard about declining consumer confidence (AKA, sentiment). The conclusion typically drawn is that low consumer confidence now likely means low consumer spending ahead. Until recently, warnings have been sounded about weak winter holiday sales. Now, however, consumer confidence readings are creeping back, and retail sales are actually looking good. How... »
Archive for October 31st, 2011
Goodbye Boeing, Hello ITT
Monday, October 31st, 2011
Boeing (BA) just reported good earnings, the 787 delays appear to be over and the company, along with Airbus (EAD.EU), picked up many orders from commercial airlines, now flush with baggage fee cash. My original reasons for owning Boeing have been fulfilled, so it’s time to move on to something more interesting. This article... »