stock market was up today...

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And to think they make fun of Eric's intelligence on SNL. Leftist America haters!
 
As it should... or should have been after last year with the 737Max debacle. Now they are going to get that smooth azz bailout from the coronavirus.
The 737Max was not in and of itself worthy of a 75% haircut.

Airlines & Travel are killing Boeing too.
 
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”.
 
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”.

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.
 
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.
 
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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.

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.
 
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.
Well the govt should outright buy them. They already operate like a government run enterprise so might as well make it official.
 
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.
 
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.
They need to stop tempting me with that devil talk!!
 
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I've been on both bridges, though it's been many years. You ever go up north?

Yes we were using both go into Canada, just depended on where we were delivering . Funny story about the Thousand islands crossing .. there is of course a last exit you can get off before being hearses like cattle and funneled down to the border crossing. You should always take the time to make sure your paperwork is in order BEFORE you pass that exit . The jersey walls prevent you from turning around after it until you get to the crossing . You can turn around at the crossing there’s a ( no mans land ) between the US border and Canadian. By no mans land I mean that when ( if ) you have to turn around you are already past the US border crossing on the other side and you haven’t entered Canada yet . So when you try to go through the border check point without a passport .... we’ll just make sure you have it on you at all time or that you have a whole day to waste . TRUST ME. , it won’t be pretty .
 
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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.

What war are we fighting right now? Do we have a burning need for Boeing planes?
 
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.

Maybe we need to get out of the war business. Instead of losing blood and treasure in the sandbox over the last 30+ years, we could have been using the same time, money and intellect for more peaceful activities.
 
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