"...Tom D'Aquino, of the Canadian Council of Chief Executives, said those looking for signs of economic recovery should watch for growing confidence in the stock market.
"'I think the first sign of hope will be when the talk of fear begins to conditionally move towards one where there's an expression of greater confidence,' he told CTV's On the Hill.
"'A huge impact of fear for fear's sake is having a profound effect on people because what he have in effect is a capital strike -- people are not spending, companies are not investing, consumers are not going into the stores and buying.'"