Wednesday, January 23, 2013

Public Moods and Sentiments

I have always discussed how moods are relatively long-lasting emotions; sentiments are shorter-term. Correspondingly,they can affect how stock market cycles react and can precipitate booms and busts in industry.

Therefore, our president, in the midst of a deep recession, should never make it a practice of singling out an industry, whether industrial, communications, banking, insurance or lender of any type, as a scapegoat, when he wants the economy to recover and produce jobs. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)





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