It's still the economy, stupid.
With this new two year low in the stock market, I will be interested in seeing how it will affect the upcoming election.
One thing I will be looking at is the "misery index". If the four-year annualized inflation rate and the unemployment rate add to more than 9.5%, then McCain is in serious trouble. Not his fault, but history shows that a "throw the bums out" mentality will occur for the Republicans if this nonsense continues. We can talk economic indicators all day, but if families cannot afford their personal living demands and jobs are difficult to find, they will take it out on someone. Right now, the Republicans are the target.
I will share more on this topic in the coming weeks.