Leveraged share repos are responsible for 1/3 of S&P gains — at a MINIMUN — since the financial crisis. We are in a new ball game now.
Long market index and overweight Ford stock — there you go. Ford is cheap now; the market has attributed more risk to it than will be realized.
At the same time, I am a seller of FCA and neutral on GM.
Long market index and overweight Ford stock — there you go. Ford is cheap now; the market has attributed more risk to it than will be realized.
At the same time, I am a seller of FCA and neutral on GM.
Sponsored