) has reached a tentative agreement with striking workers from the International Association of Machinists union, which could put an end to the five-week-long strike.
"What I expect to hear from him is that he's going to get engaged in cost-cutting as a way to increase the outlook for profitability. I suspect that they'll begin talking about product and customer pruning and trying to get out of businesses that don't have paths to profitability for them, again, as a way of increasing the structural profitability of the company. And then perhaps engaging in some divestments as a way to raise some liquidity...
I think, you know, let's, you know, uh put this in context, I mean, the, um you know, the bill of materials uh on, on any aircraft or the labor content on a bill of materials on any aircraft is it's important. What I expect to hear from him, um is that, you know, he's going to get engaged in cost cutting as a way to, to encourage the outlook for profitability.
The financial position of Boeing right now is this doomsday scenario where you have the credit rating at risk of being downgraded that will obviously raise borrowing costs.And there has been these ideas floated that it could raise, raise the risk here of a default or potentially bankruptcy.Well, look, I don't think we're there, uh, uh, anywhere close to that at this point, right.
None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting borrowing costs. Greene, writing in a column published in the Financial Times on Monday, said it was possible that consumption could be stronger or weaker than expected.
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