RE: MarketsYes, the doom and gloomers are having a field day. But, you have to admit the situation south of the border is pretty precarious. I heard the other day that the number of properties at risk of foreclosure equals the entire Canadian housing market. We have major financial entities going tits up. Bush and the gang have run up huge debts and we are at risk of more of the same, if the electorate keeps repeating the same mistake. Even if Obama wins, he will have a tough time pulling the US back from the brink. IMO, he has a better chance than McCain (and his stupid sidekick) but we don't know enough about Barack's capabilites and, indeed, it maybe already too late.
The US economy may well be doing OK, but given the current situation this may not last. It's a house built on sand. No matter how much you prop it up, eventually it will come crashing down.
On a brighter note, Sirit closed even today, and my portfolio was up. Be thankful for small mercies.
Piper