1. Stocks aren't just about absolute numbers; they're about expectations, ie. what's priced in. Aren't stock prices already pricing in the supply and demand characteristics you mention?
2. The reason global markets are falling is because the mortgage crisis suggests a coming slow down in US demand. And much of the global growth boom is dependent on US consumer demand. Won't that impact the demand for commodities, like titanium?
I'm a Buyer in This Selloff [View article]
1. Stocks aren't just about absolute numbers; they're about expectations, ie. what's priced in. Aren't stock prices already pricing in the supply and demand characteristics you mention?
2. The reason global markets are falling is because the mortgage crisis suggests a coming slow down in US demand. And much of the global growth boom is dependent on US consumer demand. Won't that impact the demand for commodities, like titanium?
Jim Cramer's Mad Money In-Depth Stock Picks, 6/8/07 [View article]