The GE-owned media, however, will continue to scream that GE Capital has pulled their financing package to GM. I could say that is a general not taking leadership, but it's probably a wise business decision on the part of GE. But it's also an opportunity for GM to expand its own financing unit, as I see it.

You see, if the business from GM was good enough during the good times for GE Capital, then it's going to be great for GM as soon as the economy starts to grow again and U.S. consumers start to spend again.

It's funny how Wall Street wants to support a company like Boeing (NYSE: BA), which is a great U.S. manufacturing company led, in my view, by deficient management in the past several years, and they want to be critical of GM, which has suffered for the past couple years because of a declining USD and a U.S. economy that has been generating more speculators than wealth creators.

This cycle will end, and we'll all see it when the consumer cyclical spending sector (GICS 25) bottoms out.

GM, leading the sector on the downside, may have just reached its cycle bottom (NYSE: GM), and just maybe the GM CEO yesterday saw the light.

An added point I'd like to make is that a couple days ago, I wrote an article as GM hit its low, suggesting that the company should be buying back its shares. Then the GM CEO steps to the plate as lead-off hitter. What GM needs now is for the retirees (the ones with the pension issues) to buy more shares, and for the almost 400,000 current employees and almost 900,000 shareholders to buy more shares, and more cars.

Following a storm, there is light.

BCara@BillCara.com