via Dharma or Drama?
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.