Its interesting how the markets have reacted to the latest turmoil and the tizzy that is set by corporations and a new government, including Obama of course. In the first 100 days he has a lot to grapple with and he has been building some momentum by creating his team and taking baby-steps. He is really a father for a lot of leaders who look at him the big daddy with some promise, suave and appeal. Rhetorical but aggressive. Informed and balanced. Risktaker and new Kid on the Block. You cannot change any system over night. It takes a lot of resilience and information flow to keep the big ship sailing. Emotionally it has been a great transition for the nation. However markets were not that bad. Is it leadership or prudent investors that is driving this energy...is not our guess? But there is hope in
General Motors resurgence and underdogs such as Tenneco, Arvin Meritor and NCR have taken over the superstars such as Exxon and Chevron....it is not always the old and the established that dictate the future...it is the restless energy of a european tourist wanting to make
US dollars that dictates
capital markets and perhaps fortunes....Cheers to
Fortune! The profound question still remains whether leadership or capital markets drive our lives....life of an indian, chinese, canadian mexican or an elsalvadorean.