Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Obama has very little influence over our economy. Blaming him is ridiculous if you look at the circumstances from which he came into office.Our problems have been brewing for years.
Also
Bad news for the economy generally means tough times for stocks. But history shows that when a country loses its AAA credit rating, it's not necessarily terrible news for that nation's stock market.
I read that Homeland Security is preparing for riots here in the USA. Folks at Fox news are making things worse they have been talking down the economy for weeks. The downgrade still puts us above most other countries. If we can keep our emotio…