Maybe....
The stock market has changed from what it once was. It’s no longer an accurate prognosticator for the future economy. It no longer cares about earnings (Companies routinely set guidance for earnings low, then celebrate when their earnings beat the low estimate). It pretends news headlines to be real (the spin variety). It no longer is a safe place for even a conservative investor (GM, Lehman, Enron, etc)
It appears to be a heavily manipulated market place, similar to a rigged casino.
The stock market is now just another extension of the Government, like the Fed.
yes and just think of all the lives being destroyed..pension funds and childrens college funds but if you are UNION ...Obama will pick up the tab with our tax dollars which are shrinking...If we have to be content with making less money then so should he..he should certainly be content with spending less...of course Michelle may need another hunk of jewelry or silly party...at our expense..come to think of it..just like the clintons..they dont have a dime they didnt steal from taxpayers.