A carefully thought out approach to the economy is in order.
That approach will include balancing the federal budget without raising taxes, making the tax cut permanent, and cutting capital gains taxes here in the US to encourage re-investment (new foreign dollars). In the meantime, look for financial stocks (those managed with intelligence, the companies) to get a breather, oil to come down, and the US retail to stagnate due to the ripple effects of the market corrections and higher energy and food costs and rising unemployment. I think the rates will go up 200 points after the ‘08 election. Hitlery is looking awful relaxed as the campaign trail continues, as well as Mitt and McLame. Both have been ‘groomed’ to take the reins.