Everyone likes everything! Goody! They even like Ford (F), which just said that Thailand prevented all units from making a profit. I had to read that headline about a dozen times before I believed it. All units?
This is the kind of thing I really worry about. People were buying up Ford yesterday on the strength of its new models. The new models! Turns out that the whole company is losing money.
You have to be troubled that a worldwide company is losing money in every division because of Thai flooding. This isn't Toyota with the tsunami. This is Thai flooding that didn't even cause much of technology to get dinged that badly.
Right now everything is hunky-dory. We have that new money flowing in like mad. We have the end of the nasty redemptions. We have the classic overlook of Alcoa (AA).
But I have to think that perhaps we need a bit of a breather when we get excuses like we just heard from Ford.
Especially on top of what we heard from Tiffany (TIF) and Juniper (JNPR) and Alcoa and Jones Group (JNY) and Liz Claiborne (LIZ).
Call me a tad squeamish.
Would you mind if we had a tad bit of good news besides Cirrus Logic (CRUS) and Lululemon (LULU)?
