Industrials Also Financials in Drag?
First it was the banks and investment banks. Then it was the financials in drag - those manufacturers with large captive finance arms.And now with the economy clearly slowing many investors are wondering if industrials are somehow really "financials in disguise."To me the answer is unequivocally “yes.” And here’s why: While each industry group is different there are 4 principal areas where corporation and financial services firm balance sheets are alike:  Cash and short-term investment portfolios; Short- and long-term receivables book; Derivatives exposures; Pension obligations. And I can easily think of many examples of where corporations have de-facto become financials ...
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here