Ford Motor Company (F)

[GreenBrickRoad]

Right, years ago it seemed the Big 3 would continue cranking out inventory until it piled up to the point that they could no longer live in denial. When the market finally sucker punched them straight in the face, only then would they halt production.

It's not such a terrible thing that Ford has learned from their mistakes. But I wonder if even the elite on Wall Street are caught up in signals of the past and reading this wrong, or at least overreacting. Stopping production in the past usually meant too much inventory, heavy discounts on the way, and often a re-evaulation of the market. Is it still this extreme today? Probably not.