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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.88

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Jan 30 4:00 PM EST

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To: Cogito Ergo Sum who wrote (50082)	7/27/2013 5:16:21 PM
From: Johnny Canuck	Read Replies (1) of 70313

Despite the re-bound in housing what might not been priced in are the structural changes that have occurred to the US economy. The average salary/wage for many US workers has gone down because they are working part time and many will be semi-retired in the coming years but will have to work minimum wage jobs to offset the insufficent payments from their pensions. Combine that with a need to returns to historically lower rate of home ownership and the smaller size of the 20 to 30 somethings whose careers are being delayed because babyboomers can't retire as assume and you have a cocktail for the current situation that need to be work through in the coming decade

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