This is a story about trust. About why many Americans have tuned out and lost hope in financial “experts.” It's about the insights, foresights, reckless predictions and lack of conviction from media outlets, Wall Street analysts and talking heads that monopolize today’s market dialogue.
Governor Jerry Brown has called for statewide water restrictions reducing water consumption up to 25%. Currently, climatologists say we’re headed for Part II of “The Dirty Thirties” after what experts referred to as the Dust Bowl era.
The spin cycle is on high. Returns for many spun-out companies are trouncing the broad market. There are a growing number of large companies starting to question the benefits of scale. “Focus” is the latest boardroom buzzword as CEOs debate the wisdom of managing multiple, often wildly divergent, business units.