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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject3/6/2003 8:36:12 AM
From: Kenneth E. Phillipps   of 769670
 
"Many successful boomers are only beginning to understand that it was the 1980s and '90s that were the aberrant decades of the modern era. "What people don't realize is that 1982 to 2000 was the bull market of our lifetime," says Bill Dudley, chief U.S. economist at Goldman Sachs. It isn't going to happen again. The long, dizzying period of success in the job and stock markets, though, has made us lose sight of the historical averages. And right there is the first problem: The stock market of the next two decades will not get you to the retirement Promised Land"

fortune.com
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