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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Lee Lichterman III who wrote (33501)4/1/2002 8:36:33 AM
From: Terry Whitman  Read Replies (1) of 52237
 
Yes the giant wild card in the LT picture is what do those baby boomers do when they start retiring. It's fun to speculate- but who knows really?

It's not necessarily a bad thing for the economy. This is not Japan, remember- We still aren't afraid to spend in the U.S.. If the boomers start spending their reserves, does that not enrich the recipients of that spending? So, who would those recipients be? Resorts, pharmacies, doctors and hospitals, insurance companies, casinos, fishing gear, golfing gear, and don't forget the funeral homes and such. Then whatever is left over goes to the heirs and the gov't who will then spend the rest..

So it may not directly help the stock market for the boomers to retire- but the indirect benefits may be enough to make up for the direct losses. Hard to say really..

Good Luck 2 you,
TW
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