Long term growth has been sacrificed for a short term cash grab by executives through a bonus scheme that rewarded stock price targets by any means necessary.Wall Street has sadly not discouraged this behaviour so predatory executives have raided a lot of large corporations, like a bubble there is a threshold where the business will pay the price for sacrificing organic long-term growth which could takes a decade to revive. Honeywell is at that threshold right now, stock price will tumble and a huge contraction is inevitable after the smash and grab. Modern capitalism.
An on point post, bumped from @2inr+1tL8cYcB.