smehro

Is the Dow reflecting our lack of trust in our leaders?

In Uncategorized on March 7, 2009 at 7:15 am

The Dow Jones index keep hitting new lows each week. How much of this recent decline is because of a lack of trust and confidence in our leaders, both political and business, and how much a reflection of the underlying economic conditions? Perhaps the answer is revealed by taking a closer look at GE. If GE is a bellwether stock and GE is a bellwether company then the answer is a lot, as this examination of GE by Joe Nocera in the New York times points out . And, if the recent decline is a reflection of a lack of trust then perhaps we have reached a bottom based on fundamentals, now our leaders have to earn back our trust before the Dow Jones begins to reverse direction.

Behind the Curtain at GE

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