Fannie Mae Preferred S (FNMAS)

[rosen62]

Why would the stock market collapse? I know this is common wisdom for the fiscal fiasco and an almost expected knee jerk reaction like in 2010, 2011 and mildly in 2012. But you have Japan skyrocketing, China recovering, Europe not collapsing and the dollar strengthening, not to mention domestic market forces contributing to financial strength. A sequester might only make the dollar stronger. Commodities and most industrial raw materials will either stay put or deflate. Perhaps the markets will like this.