Looks Like the Global Recovery Is in Fine Shape

The purchase of a car represents a major commitment. It's not a commitment we're likely to make when we feel we can't afford it, or when we fear that our incomes might fall. For many, it places second only to buying a home as the largest financial purchase we're likely to make. This is true not only in the U.S., but in many other parts of the world.

So when the Ford (F) crushed estimates this morning and raised future earnings guidance, the implications stretched well beyond U.S. borders. Confident that the pickup in sales will continue, Ford is raising production by about 100,000 vehicles for the current quarter. It's my opinion that Ford's blowout quarter indicates improvement in the global economy, and there are many positive signs within its report that bode well for a worldwide economic recovery....412 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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