Wednesday, October 23, 2019

Notes From All Over, Part 2 -- October 23, 2019

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UAW: entering 6th week of strike; does one get the sense that the "union" is showing no sense of urgency, whereas the "rank and file" must really be hurting .... or .... 

Boeing: too big to fail. Boeing misses 3Q19 expectations as 737 MAX woes mount -- Yahoo!Finance. Huge, huge miss on EPS but investors unfazed:
  • revenue: $20 billion vs $19.65 billion expected
  • EPS: $1.45/share vs $2.17/share
  • but look at that: BA up 1.8% yesterday and surges again, today, up 1.5%. Hope springs eternal.
AAPL: up another $1.44 in pre-market trading

Fed: I don't understand the "repo" issue at all but those in the know, seem concerned. No links but easy to find.

China: tea leaves suggest the masses are getting itchy. Over at twitter: China's State Council -- the country must increase imports of goods, including agricultural, consumer products -- can you say, "make America great"?


China: China adds incentives for domestic natural gas production as imports increase. Corroborates earlier story that China is concerned about a challenging winter. Global warming? Not in China.