re: #69 NortonPete
This is bad for everyone whether directly invested or not. Corporate America is now worth essentially 1/2 what it was worth last year. Add in the value of America’s real estate and the the entire country is essentially worth 1/2 as much as last year. Not good.
Well, it could be worse. We could have a President and Congress that is hell bent on higher taxes on the most productive segment of society so they can give it to the least productive.
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In a few years, we will all be longing for the days when we had it so good in March of 2009….