First Wall St. and then Main St.

10 November 2008

The stock market tends to be a leading indicator for what happens out there in the real world a few months down the road.  The financial crisis hit a few months ago and people went along on their merry way, curious and concerned about what was happening but maintaining the status quo in their lives.  Now, things on Main St. are starting to happen.

Just today, here are the business headlines:

Corrective corporate actions are being taken.  How is your IR department conveying the message?

One Response to “First Wall St. and then Main St.”

  1. Allan

    Just wait until the big hedge funds start having to deal with redemptions.  There could be a lot more pain to come.

Leave a Reply