Don't be an idiot. He said "while the fundamentals are sound..." as part of a warning on a possible downturn. What do you want him to say? "The fundamentals ar

Don't be an idiot. He said "while the fundamentals are sound..." as part of a warning on a possible downturn. What do you want him to say? "The fundamentals are crap! Don't invest in USA!". There are several states in the country, right now, that are booming. If you don't think so, visit Austin and see how "depressed" it is.