Barker on the Market (35:54)
July 13, 2007—Mike Barker, Investment and Retirement Management discusses Mohawk and the moves the company’s shares have made over the past several weeks and some of the comments made by analysts during that period of time. Barker talks about the company’s technicals, his thoughts on the possibility of a stock split and Mohawk’s upcoming earnings report. Also discussed is the housing market, the most recent downward adjustment to the National Association of Realtors housing forecast, the relationship of housing to retail spending numbers, the level of volatility in the stock market going forward and the Fed chairman Bernanke’s discussion about real inflation levels.
Related Topics:Mohawk Industries