Meanwhile in the real world, the shares of Ford and GM went down today, with Ford collapsing more than 6%, due to the company’s lower-profit warnings for next year.
So, the automobile companies are expected to have a bad 2014, and the health-insurance companies can’t do well either since so few ObamaCare registrations are being recorded. Which to the Fed apparently means, happy days are here again.
Ah, Ford...
14 new product launches total i.e. Mustang, F150, Edge, etc. and the cost for tooling / plant will bite into it....