Another week that equity fund investment really increases while money markets are net withdrawals. Usually, the "dumb" money comes in near the end. Good time to gradually prune those underperformers and build more cash.
Immelt makes two great points here in growing the economy.
First, the need to upgrade skills of the workforce is important. Training has ALWAYS been one of the first activities to be cut when a CEO is looking to bolster their P&L.
