Status Updates From Borsayı Yenmek

Talks about restaurants as an industry

Since delinquencies lead to foreclosures, this fall
in the delinquency rate suggested that Fannie Mae had already seen the worst.

With most stocks, a low price/earnings ratio is regarded as a good thing, but not
with the cyclicals. When the p/e ratios of cyclical companies are very low, it’s
usually a sign that they are at the end of a prosperous interlude.