When the dow continues to plunge..
??
I think it's still up over 11,000, pretty handily. That's no unhealthy economy.
The definition of a recession is two (or more) consecutivequarters of negative gain in the US GDP.
Ijust don't see howthis can jive (the absence of this phenomenon)with everyone screaming"the sky is falling". Call me an optimist. What many see as a downturn in the market......many see as a perfect buying opportunity. The market also corrects itself, occasionally, when it becomes overvalued. Are we seeing this? Probably.
Also....something you might not think about much....but I think we're experiencing is.....
This Obama fella is ahead in the polls, right now. That scares the **** outta me....and I suspect many investors.