A real correction in the stock market is about changing the way we do business. Correcting the excesses of times past. Working through the bad times that are going to hit, and working toward a better more viable economy.
Read moreTwo Dairies Companies In Bankruptcy.
Read moreIt has been those lost jobs, that has caused the American Labor Force participation Rate to drop. And I believe that it has been this relatively poor employment outlook that has caused many workers to change their basic world view. Although like most consumers, these workers have also benefited from the imported low cost goods at, for instance, Walmart. There is now a growing realization that those low cost items, have been purchased at the cost of US Jobs. And the person who made that point, more than any others, was a rough and tumble business man from Queens New York, named Donald Trump. This multi-billionaire has somehow bonded with the American middle class, the wage earners and small business men, who have been hurt by globalization.
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