There are many, for sure. If you truly wish to get an honest perspective of where the US economy is, then all you need to be aware of is the following sample of facts & trends; -Bank of America's small-business default rate hit 17.5% in the third quarter of 2009. -Credit-Card Delinquencies Rise Again -Common assessment of the stock market (as follows) 20% chance of a durable rally 20% chance the market meanders nowhere for as long as 5 years 30% chance of of a hard 25-30% correction 30% chance the bottom is not even in -A 26-mile-long line of idled oil tankers, enough to blockade the English Channel, may signal a 25 percent slump in freight rates next year. -The Baltic Dry Index is collapsing Source links below; Credit-Card Delinquencies Rise Again - WSJ.com The Baltic Dry Index Is Collapsing Lower modified mortgage payments means fewer redefaults - Dec. 21, 2009 Mish's Global Economic Trend Analysis: Hussman on Valuation; Stocks Higher? Bulls Dance On Edge Of Cliff Stay EXTREMELY cautious on your 401k's. Especially if you've gained a lot in 2009 and/or close to retirement. But please don't take my word for it....consult your investment advisors.