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What My Bessie Can Tell you about the F stock

anrkee Wrote: Mar 26, 2013 11:54 AM
Buy American !! and not just vehicles

On today’s show my guest Gordon Scott, CMT, the Macro Strategist for Chilmark Capital, made the case for auto makers, specifically Ford (F). Now, full disclosure, I am prejudice, I have always had Ford Trucks and going on year 11 Bessie (My Ford F250) is part of the family and I am not alone. According to The Wall Street Journal, the average car on the road in the U.S. is now a record 11 years old (like Bessie) industry executives say and around 20% are a whopping 16 years old.

Now, just because I love Bessie, that’s not a...