bhutocracy

Meh, 1.4% here, 1.6% there, UK had a harder time.. Hardly worth mentioning. I just detest how much the doom becomes a self fulfilling prohecy with a willing media whipping up fear and hysteria to sell eyeballs. Stocks plunged 22% in the '87 crash. THAT'S a blood bath. The local paper here had a header "Nightmare on Wallstreet" with the font written in half blood. Mmmm. Sober.
Oh well It's not all bad, long term investors will have a field day. A lot of P/E's are looking ridiculous. There is even a movement from spec stocks as blue chips are starting to provide significant growth for less risk over the long term. Just have to have a good stomach.