When the markets go bonkers, the networks turn to the same "experts" to explain what's going on to viewers who were blindsided by their previous advice. It's not surprising that the new insights are just as defective as the old advice.
I wanted to tell you that you're a paragon of journalists. Not for a moment have you revealed even the tiniest hint of emotion on your face. However, Bob, it's time to break up with your plastic surgeon.
The business cycle is not dead. America has many coping mechanisms to deal with the current hangover. As it has before, this country will unleash the innovative, hard working and productive side of its citizens.
There is plenty of uncertainty now, but much less risk, because high quality stocks are available at much lower prices, and logically an investment is more attractive and less risky if made at a lower price.