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Pastimes : Nostradamus: Predictions
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To: Father Terrence who wrote (1276)8/13/1999 4:33:00 PM
From: Andrew Martin  Read Replies (1) of 1615
 
So you're predicting there Won't be an earthquake in L.A.? The market likewise will inevitably 'crash' although demographics indicate it shouldn't occur until around 2008. See, the baby-boomers are moving into top management now and 1998 was the first year the boomers (of 1945) touched the median retirement age of 43. Around 2008 will be the peak of boomer retirement and a long bear market should ensue thereafter. At least if the market indicates American investment. Foreign investors could easily hasten a decline.
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