Who is steering this ship anyway?
I have no love loss for many of the auto executives who have helped push, if not directly cause the demise of their companies. For Rich Wagoner it was a curtain call. New direction, new thinking, new guy whatever.
Of course the unofficial response is that the banking sector is much more sensitive to our economy. Funny though, how the people who helped cause this debacle in finance are still at the helm. Although there is a major push from a BAC stock holder to throw Ken Lewis out on his right ear.
I am curious how many Squawk Box personalities and snake oil salesmen called bottom again. Remember folks, all of them have a vested interest in keeping your money in the market. At the end of the day, no one will look out for your investments like you!!!
Headlines already boast of an Asian rebound... We'll see!!!
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