Monday, September 9, 2013

Getting In Front of the Curve: Goldman Says Dishwashers Are the Future (1169; WHR; GE)

And to think Jeff Immelt almost sold General Electric's appliance division.
Coming soon: a Goldman Sachs Appliance Index! to take up the slack left by a fading GSCI.
From FT Alphaville:

Next stop, dishwashers
Okay, don’t just think ‘Oh, Goldman are trying to wring a few last drops of revenue from the EM story…”

Instead, click to enlarge.

 The fair thesis here is that while the demand for commodities such as wheat and copper from emerging markets may have peaked, when it comes to consumer durables we still have plenty way to go....MUCH MORE
http://ftalphaville.ft.com/files/2013/09/Screen-shot-2013-09-09-at-3.49.05-PM.png
Haier and Whirlpool are the two largest appliance manufactories I can think of, GE and Electrolux fit on the list too and probably LG.