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By Jason Stipp | 01-28-2010 04:21 PM

Toyota Turmoil, Bernanke on the Brink, and the iPad Puzzler

Morningstar markets editor Jeremy Glaser on Toyota's rocky road and Bernanke's nail-biter, plus a new look at the iPad.

Jason Stipp: I'm Jason Stipp from Morningstar, and welcome to the Friday Five. This is our look back at the week's most notable headlines for investors. Joining me, as always, for the Friday Five is Morningstar's markets editor Jeremy Glaser. Jeremy, thanks for being here again.

Jeremy Glaser: You are welcome, Jason.

Stipp: So what do you have for the Five this week?

Glaser: Toyota hits a bit of a speed bump. Earnings continue to roll in. Bernanke has probably not the best week that he has ever experienced. The housing not doing so great. And the fifth one I think I am going to keep under wraps until we get there.

Stipp: Well, it sounds like a good lineup. Let's take it from the top with Toyota.

Glaser: Toyota announced a pretty big recall of 2009 and 2010 models. There is an issue with the accelerator pedal. The issue itself isn't a big deal. They are going to have to spend a lot of money to fix it.

I think the bigger issue is the perception of consumers. Are they going to continue to think of Toyota as these really solid vehicles or are they going to think of them as something that they are going to have to bring to the shop every six months for a little adjustment, or they are afraid that they accelerator pedal is just going to continue to depress even if they are on it or not.

With the car market starting to really rebound from the depths of the recession, and with General Motors and Chrysler and other formerly strong players now just completely on the ropes, I think Toyota might miss some opportunity if the perception comes down. But overall, this is just a bump in the road for them. It's not going to really delay their dominance or really hinder their progress.

Stipp: So not a crash and burn incident for Toyota, but maybe a sign that they might need to do a little tune-up around the edges.

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