All current news would seem to indicate Global and primarily the North American fiscal and economic recovery has indeed become stagnant and damaged significantly enough to warrant a long drawn out and perhaps even more painful time before this situation is reversed. With a second stimulous package being considered in the United States to further economic growth, recent gains in the market place could quite easily be reversed and recovery efforts slowed dramatically.
As an investor myself, I find these warning signals to be signicant enough to warrant moving all my equity mutual fund positions into money markets and or cash. As performance levels in other areas of the global market place show positive trends moving forward, I will certainly be positioned to take advantage of them as they arise.
