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Politics : Ask Michael Burke

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To: edward miller who wrote (523)	8/17/1996 6:22:00 PM
From: James R. Barrett	of 132070

Ed, you brought up some good points. Here are some of my opinions: The baby boomers will start retiring around 2007. By 2025 they will all be retired. This bull market could very well last another 11 to 15 years with a lot of dips and surges, but never falling into a classic long term bear market like 73/74. The main reason I believe this may happen is because the baby boomers also stand to inherit TRILLIONS of dollars from their parents. Most of this money will find its way to the stock market. With 401K's, IRA's and inheritances, the market is going to get a lot more overvalued than it is today. What do you think? Jim

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