MontyPython
Dorothy Mantooth is a saint!
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Boeing is in the shape it’s in because it always gets bailed out for its’ screwups and hasn’t learned the meaning of “moral hazard” They have a virtual monopoly nationally and only one legitimate wide body competitor worldwide and still can’t run the company. Being deemed a “ nationally essential company” is a bs argument. If Boeing didn’t get all the government contracts and bailouts there would be companies lined up that could get a viable aircraft to market. It’s the new American way - “only the weak but politically connected survive”.
I think you believe there’re critical but if we had a real competitive market, they would show just how critical they really are. Welfare creates perverse incentives.If you think that the 2nd largest US defense contractor isn't critical then I don't know what to say. I don't know what a "nationally essential company" is but they're certainly strategically critical. China and Russia would love to own Boeing and transfer all of the intelligence and production out of here.
I think you believe there’re critical but if we had a real competitive market, they would show just how critical they really are. Welfare creates perverse incentives.
They need to stop tempting me with that devil talk!!Morgan Stanley:
Eye on an Entry Point
Given the accelerated market move lower, we also wouldn't be surprised by earlier-than-expected exit rotations. By the time jobless claims spike, or the National Bureau of Economic Research officially declares that the recession has started, it will be too late to make the rotations that outperform off the market's trough.
We aren’t suggesting that investors begin to add positions to early rebounding sectors, such as Discretionary, but that moment may be closer than some investors expect. Equity (and bond) markets have been discounting this environment for some time, which leads us to believe that we are now at a very good entry point for many stocks, including several of the major indices, such as the S&P 500.
I've been on both bridges, though it's been many years. You ever go up north?
If you think that the 2nd largest US defense contractor isn't critical then I don't know what to say. I don't know what a "nationally essential company" is but they're certainly strategically critical. China and Russia would love to own Boeing and transfer all of the intelligence and production out of here.
Without Boeing, Lockheed Martin will be able to raise their bids. It will save the military a lot of money if government aid results in BA remaining a viable company.