To: reed13k
Robert Kiyosaki has raised the issue of the baby boomer stock sell off starting about 2015 forward. The advent of ERISA and 401k retirement funds AND Bill Clinton shifting long term bonds to short term AND very low interest rates drove the baby boomers to inflate the stock market in pursuit of some return. It's time to harvest the return and fewer parties are there to buy the stock. It's going to be a sell off of stocks of diminishing value. The fed has been propping up the stock market with QE based purchases. It's a phony bubble that will pop.
17 posted on
10/17/2016 9:32:34 AM PDT by
Myrddin
To: Myrddin
I see 2nd homes and other real estate doing the same thing.
My biggest fear is that it will lead to more fascism with the government buying up the stock bit by bit at “bargain” prices.
18 posted on
10/17/2016 9:51:48 AM PDT by
reed13k
(r)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson