[pieceofthepuzzle]

“And what your post highlights is that the economy has fundamental failings; it is not strong as the talking heads on CNBC claim. They have a vested interest to keep people buying. Listen to them at your own peril.”

While I agree entirely with your post, I also strongly feel that the biggest fundamental failing the economy has is sitting in the White House. If he resigned tomorrow an was replaced by someone who truly believes in market economies, who believes in individual success, and who just made the statement that they were going to find a better solution than Obamacare - the market would recover in a heartbeat, consumer confidence would rise, and things would turn around.

[Red in Blue PA]

If he resigned tomorrow an was replaced by someone who truly believes in market economies, who believes in individual success, and who just made the statement that they were going to find a better solution than Obamacare - the market would recover in a heartbeat

I disagree.

Part of the problem with our market is now systemic, due to the fact that a fiat currency is being printed en masse. That never ends well. I am still invested in the markets, but I am hedging my bets more an more, as (1) I do not trust it, and (2) believe the day may come when the US Dollar is no longer the reserve currency of the world because of the prolific spending of those in DC and the Fed. If that ever happens, it is Kay bar the door. China is buying gold mines around the world, some say preparing to back a new currency backed by gold. Why is it China can look out to the future but our politicians cannot?