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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.66-0.1%Jan 16 4:00 PM EST

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Drygulch Dan
GROUND ZERO™
lightfoot
To: GROUND ZERO™ who wrote (86401)9/6/2016 10:44:01 AM
From: robert b furman3 Recommendations  Read Replies (1) of 222081
 
Residual fear from the 2008 credit crisis IMO.

I remember my parents talking about my grandparents and that "They lived through the depression - they never forget it.

I believe this to be a long term behavioral change - mostly resolved by the next generation.

That combined with baby bommers being met with retirement needs are two powerful influences.

The entire span of boomers was impacted by their deomgraphic power and influence.

My impression of our collective behavior is that it was live for today and not put away anything.

That lifestyle as it impacts the majority will be a long and painful lack of spending power as age ultimately catches up on our lack of discipline.

All JMHO

Bob
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