Add in the fact that the big boys are now starting to talk about the posibility of another interest rate cut. So let me see, if the economy is slowing, which I predicted, and the job growth just isn't there then maybe those VERY expensive tech stocks are in fact VERY overvalued. I suppose the spin we will be hearing soon is that stocks are priced for perfection and strong growth which simply isn't there going forward. I still say maintain high levels of cash here.
here's another big area for concern approaching for states and local economy ...the closing of military bases and lost billions in revs ...know they have already slated ending quiet a few for closure.
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