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Boeing Disaster: Revenue Plunges 18% – Will Dow Crash Next?

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By CCN: Boeing, the largest aircraft manufacturer in the world alongside its rival Airbus, has recorded an 18 percent year-over-year (YoY) drop in quarterly operational earnings. While strategists see a fine future ahead for Boeing in the long run, some fear it could hinder the momentum of the Dow Jones. The global aircraft manufacturing industry is largely dominated by Boeing and Airbus. Hence, over the next decade, Boeing is expected to recover gradually from the company’s recent struggles. But, some researchers like Goldman Sachs analyst Noah Poponak said that in the medium-term, at least in the next few years, the

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