When it Rains, it Pours: SEC Investigating Boeing’s Accounting

News just broke that BA is under scrutiny from the SEC for its Dreamliner accounting. My guess, this is a shakedown. It will likely be settled and done with inside 6 mos.

But this is the wrong day for this type of news to hit. Shares are getting gut punched.

Being that BA is a Dow component, it just tacked on a new layer of hurt to the indexes.

Yellen testimony is the sane as yesterday. She’s leaving door wide open for March rate hike. Too funny.