1. The market correctly understands that Boeing is backstopped by the US government. Removing any large downside risk. 2. Even including the problems with the

1. The market correctly understands that Boeing is backstopped by the US government. Removing any large downside risk. 2. Even including the problems with the 737 max, Boeing has an exceptionally good safety record. 3. Regulatory capture of the FAA by Boeing is bad news for consumers, but not necessarily for shareholders. 4. Investing in aircraft manufacturers during a growing economy is reasonable and Boeing is one of only two airplane manufacturers positioned to take advantage of the trend.