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No Crisis of Confidence Here
The current stock market malaise is a "Crisis of Confidence," contend the financial reporters, market analysts and fund managers that flash across my CNBC screen.
According to them, the solution rests with a multitude of new corporate governance laws and a few televised ex-CEO hangings. Only then will investors feel secure enough in the financial system to re-enter the equity markets in a significant way. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.34 |
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