Doe-Eyed Optimism

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As a gentle reminder on my long-term view of things, I do not join those with their hands quietly clasped in their hands who believe the most dramatic plunge we could have is a 1.5% drop to 1300 on the S&P.

I am looking at a vicious multi-year bear market that takes us below 600 on the S&P and completely transforms the government of this country and the position of the United States in the world. Permanently.

What we're about to enter isn't a girl's tea party, and iPads and Zynga aren't going to save us. Nor is, for that matter.