The hoped for hype about the Dow Record could be very short lived...
The real numbers will just keep coming in... Like the WALMART DISASTER today.
A lot of people have given up on their 401ks and are just using them to get free money, if possible, from their companies, then stopping contributions. In other words, its strictly minimums now...no one really beleives in the 401k retirement schemes anymore...except naturally the top brass of the company.
While the dollar has been devalued...and gas is coming down for the election...the suckers are just not going to flock like they use to...
I would however welcome any plunge in gold...as this seems to be the mother of all gold shares buying opportunities...in view of continued weak macroeconomics for the dollar...
While the global economy may slow...the growth will continue in China and India as they have reached a kind of critical mass that can not be reversed or stopped now without disasterous consequences on Wall Street and beyond...