Recession?

[Ranger5280]

Interesting posts.

In addition to some great information from lusus and an excellent post from rgrokelley...think about this.

The significant foreign investment into the US (like it or not).

The cheap dollar is a force multiplyer for foreign investors. Look at Oil exporters and most of the Asian rim states. They have dysfunctional financial systems but their income needs to go somewhere. They do a lot of business in dollars. A lot of American trade that's dollar denominated. American markets receive the lion's share of the money. Predictions are that this will dampen volatility and put a floor under share prices.

I spoke to a woman the other day that has 300K plus in her checking account. Good luck to you if you're pulling money out and putting it in a shoe box in the back yard. Enjoy working until you die or living a meager existance.

Just my .02...