Jason Rines (iThinkBig)

Monday Outlook: Ascendant Fear

I agree more with John on this. A couple of other notes: June 2007 economic study I conducted showed upwards of 20% overcapacity in the US economy.

As the US is going from Efficient Market back to Save and Invest, this overcapacity is coming off, 10% this year and 10% next year or two.

In any event, I watch Washington these days alongside potential market movement. The two have been intertwined for quite awhile which was stated in my comments here for over a year.

That said, I will wait to invest into anything until I see what the economic policies will be in March when the new Administration are in place. Until then, it's all falling knives to dodge.

I do like Consumer Healthcare as a hedge and my position is in this space and has been for the last two years as a business owner. There should be golden opportunities in big pharma next year but again, let's see if Washington and big pharma cooperate as it looks like they are just starting to do or if big pharma gets it's own version of a 'windfall profit' tax in various indirect or direct forms.