Disappointing Economic News

This week was marked by disappointing news about the economy.Things don't seem to be going as well as had been thought.As well as had been thought was actually perfectly,but perfect is something that recoveries seldom are-especially recoveries from deep recessions.Everyone is so eager to get this behind us,they forgot just how steep the climb out was.Now we have been reminded,but there may be more to come.If we're in a proper correction,a 10% decline,we have several more red days ahead of us.That would be painful,but unless we get good earnings reports starting next week,it could well occur.We could backslide for a few weeks or so.It's better to admit it and plan what to do.What bargains would we like to buy;what bonds would we like to shelter in?That would ease the discomfort considerably.