Investors have something to be happy about, the market closed up for the 3rd consecutive day. This positive development may be fuel to help the market recover. GM made a major announcement stating that they would not need an infusion of government money for the next few months, as they have posted higher than expected profits. This is good news and may signal that GM may be getting their stuff together. GE followed this announcement with positive news as well, indicating better profits than they had forecast.
Some have advocated stricter control of the markets, while others have insisted that the markets be allowed to operate freely and unfettered. Markets do tend to work well without government interference, as long as those doing the trading operate in an ethical manner. It is important that systems have a series of checks and balances. How far should these go, it is hard to say. If the checks and balances are too strict then they can severely hamper the markets and deter them from functioning effectively. If too loose they can allow for corruption and manipulation of the system at the expense of the innocent.
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