So, the few people I know who serve in the federal government in the executive service level (kinda above GS15) seem to think the sequester is a done deal. All sides appear to want to do the experiment.
Meanwhile, those that look at things like VIX, PE, and relative holdings all point to a coming "correction" in equities (they differ on whether to be long (risk-on) now ... but they all see a correction this year.
The payroll tax restoration seems to be effecting the folks a Wal-Mart ... although I doubt the hike on top earners is effecting volumes at the lot at Mercedes.
Gas is up about 15% in the last couple months, but inflation is supposedly flat, although a netbook I want to replace is 50% more than it was a year ago.
Begs the question, what are folks' plans for the summer?
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