Singapore is an important airline. It's really the gateway to aircraft sales in Asia. But at end of the day, one company with 10 aircraft is not going to make or break any program.

Investors want to see if the savings are going to justify the hype we're reading about. I don't expect that people will pay for them [potential savings] in advance with higher stock prices.

Right now, I've recommended Boeing ( BA : Research , Estimates ) for the last couple of months. I did downgrade that about two weeks on the price move. I still think the stocks continue to perform however, although I think the gains will be modest from here in the near term.

Neither item is good news, so you can't say it's one or another. A plane crashes can always impact the stock, but it's probably not a big problem given the strong safety record of that aircraft.

I don't think there's a whole lot at stake. The Republicans are clearly more vocal about supporting defense, more vocal about specific issues. But there's no reason to assume the Democrats are bad for defense. It's not supported by hard facts.

I don't think it would cripple them. Boeing is looking to reduce production. It's a more ideal time for the company to take a strike than for the union to go out on one.