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Technology Stocks : Intel Corporation (INTC)
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: jeff_boyd___ who wrote (124238)1/5/2001 1:02:15 PM
From: Craig M. Newmark  Read Replies (1) of 186894
 
Jeff, re: effect of baby boomers on stock market

If an academic economist has written on this, I am unaware of it. There is a guy working for one of the major brokerage houses, usually labeled an "economist"--I don't remember his name at the moment--who theorizes that the baby boomers' planning for a retirement without much help from Social Security caused the big rise in the market in the 90s. But this same guy predicted it was likely that Y2K would be a huge disaster, too. So his credibility took a bit of hit. :-)

Sorry not to be of any help.

Craig Newmark
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