wclass, I'm basically agnostic when it comes to the market and politics. The Fed will do whatever it does and as an investor I just act accordingly. If the Fed keeps rates low to inflate things, then I just follow along for the ride by being in good stocks. You can't argue with the returns the market has given since the March 9, 09 low of 666 on the S&P. There will be corrections from time to time but they are to be bought. I would love a nice 20% correction so I can buy on the really cheap but we may not get a big one like that with rates at zero for who knows how long. Just enjoy the ride and try and make some money since those dinners and gas tanks aren't going to get any cheaper anytime soon.