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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: danderso who wrote (13711)	2/1/1998 6:38:00 PM
From: edward miller	Respond to of 18056

Boomer Bubble I think it's hard to figure the point at which a negative impact occurs. (This assumes a negative impact.) I'm not going to attempt to speculate on the possibilities at this time because I think we have a few years left before this happens. My concern about this phenomenon is based on the assumption that there will be a significant negative impact. I could be wrong. As I think about it today, I can imagine that (especially the early) retirees will be managing their money in retirement or they will spend it in ways that keep the economy going. On the other hand, I have been wrong many times before - I just have not focused on this part of the issue. Ed Miller