This from GE CEO Jeffrey Immelt’s annual letter to shareholders…really good stuff:

February 29, 2016, by John Norris

To sustain this performance, we will have to win in challenging global markets. Some say we are in an “,” but I don’t really know what that means. I learn more from what I see in individual markets and hear from customers. Commodity prices are down significantly, primarily driven by oversupply. Resource industries and regions are restructuring. The dollar has strengthened, probably for an extended period of time. This puts pressure on American exporters. At...

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