So many Americans are consuming by using their home equity. If you can't afford a standard mortgage, you probably shouldn't be buying a home.
I think politics are a sideshow right now. We think the best thing an investor can do is step up their buying gradually as prices move lower.
I think people placed bets today based on (the data). By buying stocks today, you are assuming we won't get bad news tomorrow.
There has been a lot of s elling that has taken place and you see so many analysts that are throwing in the towel. I think when investors wake up three or so years from today, they are going to look back on this time as a buying opportunity.