Positive News Alert!!!

Who says things aren't looking up? Yesterday it was Wall Street (stocks closing over 390 points higher), today it's one of Coca-Cola's economic forecasters. I love the quote per the AJC, attributed to Carlos Herrera: "2009 is survival... If you show up at the end of 2009, you're doing well." I know that he represents a different industry than mine, but it is a positive report and you know I'm all about the positive! Another reason for the rally was positive news about Citigroup (they evidently tossed out the P word--PROFIT). Likewise, Fed Chair Bernanke's comments at the Council on Foreign Relations outlined potential new regulations for the financial markets which seemed to be confidence-inspiring. And finally, it may be time to buy some Ford stock as they hammered out some necessary concessions with the UAW. Hourly wages will drop to roughly $55/hour which comes closer to foreign builders' wages, which are in the $48-50 range. Will GM be next or will they have to file Chapter 11 (reorganization) Bankruptcy? One odd thing--it's funny to start beating on your chest and say "Buy American". Do you know that the auto with the highest percentage of US-made parts is actually build in CANADA? (that would be the Ford Crown Victoria). Hondas built in Ohio have over 50% US-made parts/assembly (but it's still considered "foreign" to the masses). Ditto for Toyota's Camry and Avalon built in Georgetown Kentucky. Crazy stuff, eh?