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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (9671)11/4/1999 4:18:00 PM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 15132
 
Wally: Re: " ''Perhaps we should say that while there is not cause for alarm, there are grounds for concern,'' Gramlich said, as a wave of baby boomers born after World War II move toward retirement.

Yah, let's not use that "alarm" word. Not a good word for Fed. Governors to use in the public. I look forward to the day that a Fed. Governor states he is "panic stricken" by the savings rate. I think I will be waiting a long time for that to happen.