GE lays off 54 at Mebane plant

[nitro]

"General Electric lays off 54 at Mebane plant"

http://www.thetimesnews.com/news/plant-27624-mebane-electric.html

Truly, I am confounded by the disparity between the real economy and all the money being injected into the markets.

 

[TGregg]

Quote from nitro:

Truly, I am confounded by the disparity between the real economy and all the money being injected into the markets.

Same here. Eventually the differences have to converge.

 

[dealmaker]

What's the big news? GE is lucky not to have been another Lehman Bros.. I say sack Immelt, be gone with him.

 

[bgp]

remember the fed is feeding the market. wait till that ends.

bp

 

[sosueme]

Quote from TGregg:

Same here. Eventually the differences have to converge.

I imagine that TPTB are stoking the derivatives market in the vain hope that world wide earnings will eventually catch up....and maybe they will.
So the question is "where does all this leave middle america"

sosueme