Until Americans feel that their core asset - their homes - are stabilized, they are not going to have the animal spirits and they will continue to have less buying power.
And, as I have said, it's made me think twice about the imagination. If the spirits aren't external, how astonishing the mediums become! Victor Hugo said of his voices that they were like his own mental powers multiplied by five.
The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.
If you're supposed to be doing something, the spirits will come and help you. They have helped me out with lines I shouldn't have known, chords I shouldn't have known. Every once in a while I get lines from somewhere, and I think, I better write this down.