[glorgau]

IMHO, If Republicans win in the Senate this November, fiscal policy wil be enacted. The market will start to turn early next year. The moment that interest rates moves up the slightest bit, the housing bubble will pop. Until then keep your assets in cash!

[Doctor Stochastic]

If the market continues to drop, the Republicans could lose the House as well as the Senate.

What many people see is a combination of:

1. Falling values of retirement plans thus people need to keep working longer.
2. Increasing layoffs and unemployment not allowing people to work longer.
3. Few fixed income opportunities (there are some).
4. Rising health care costs