- why Greece turned out better than expected;
- why Cummins keeps on truckin'; and
- why you should own shares of Apple.
Impressed by the Bounceback Posted at 6:45 p.m. EST on Friday, March 9. Better than we thought. That's how I look at Greece. It worked out better than we thought it would a week ago. Yet, I still found it odd that the stock market could sell off on the obvious triggering of the credit default swaps that ISDA declared late in the day. Truly, could this have been a surprise to anyone?
Cummins Has Navistar Beat Posted at 12:21 p.m. EST on Thursday, March 8. It was the best of truck makers, it was the worst of truck makers. Excuse me for appropriating Charles Dickens' A Tale of Two Cities, but that's how I feel after reading today about the hideous quarter of Navistar ( NAV) and comparing it to the blowout quarter its principal competitor Cummins ( CMI) reported a month ago.