It’s an economic recovery, Jobless numbers are improving, see, 7.9% and we’ll simply keep adjusting the formula for calculating these things as needed, so it stay’s that way.
There was no reason to hang on to stocks and mutual funds in your 401k..you always sell stock before a Presidential election in a Banana Republic. Now there is even more of a reason to sell your stocks outside your 401k since capital gains will be going up.
If Obama follows Krugmans advice stocks will go even lower.