Barker on the Market (35:10)
December 15, 2007—Mike Barker, Investment and Retirement Management discusses Morgan Keegan’s reiteration if its "market perform" rating on Mohawk and the reduction of its estimates for Mohawk’s 2007 and 2008 earnings. Barker talks about yesterday’s producer price report and its implications for the companies in the floor covering business and the Federal Reserve. Also discussed are the actions taken by the Fed this week and the the reaction by the market.
Related Topics:Mohawk Industries