As to the stock market, here’s the way I see it. We remain in the midst of a normal market correction. We hit the 10% pullback level last week, and could go further still. In fact, I tend to think we SHOULD go further, at least in time, simply because this correction is only one month old, and that’s awful young for a correction. But I’m optimistic that the correction won’t run excessively long and the reason is this. The news is absolutely TERRIBLE! Between unemployment, trouble in euroland, and the continuing oil spill in the Gulf of Mexico,...
