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Are Retiring Baby Boomers About To Crash The Stock Market?


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#1 The Masked Tulip

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Posted 17 March 2012 - 03:27 PM

The comments on house prices at the bottom of the article are interesting - have any of you naughty HPCers been lurking there?

Are Retiring Baby Boomers About To Crash The Stock Market?

Fixed link - Read more: http://www.businessi...k-market-2012-3

Edited by The Masked Tulip, 17 March 2012 - 03:36 PM.

The success or failure of your deeds does not add up to the sum of your life. Your spirit cannot be weighed. Judge yourself by the intention of your actions and by the strength you faced the challenges that have stood in your way.

The people closest to you have been trying to tell you that you have made a difference. That you did change things for the better. The Universe is vast and we are so small. There is really only one thing that we can ever truly control - whether we are good or evil.


The political triumph of the American Right has been to advance relentlessly the economic interests of the country's richest people, while emphasising a swath of moral, social and foreign policy issues that motivate and certainly distract middle-class and poor voters.

#2 Redcellar

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Posted 17 March 2012 - 03:30 PM

Broken link!
Allegedly.

#3 geezer466

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Posted 17 March 2012 - 03:35 PM

Link Fixed
This is the space for the signature thingy.........

#4 DabHand

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Posted 17 March 2012 - 04:23 PM

The comments on house prices at the bottom of the article are interesting - have any of you naughty HPCers been lurking there?


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How can Britain compete internationally when the expense of a worker includes the astronomical cost of housing them?

#5 Asheron

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Posted 17 March 2012 - 07:22 PM

Yes Retiring Baby Boomers are to blame!

This is government propaganda yet again trying to blame anyone but themselves. What a load of Crap

Anyone with a brain knows a Big Crash is coming, The government controlled newspapers are just planting blame seeds.

Just remember, In politics, nothing happens by accident. If it happens, you can bet it was planned that way. Franklin D. Roosevelt

Edited by Asheron, 17 March 2012 - 07:29 PM.

Max Keiser --- http://maxkeiser.com/
Peter David Schiff --- http://www.europac.net/
Gerald Celente --- http://www.geraldcelente.com/
Jim Rogers --- http://www.jimrogers.com/
Bob Chapman --- http://www.theintern...om/Bob_Chapman/

Investors should abide by money management principals & never risk more than they can afford to lose.
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#6 interestrateripoff

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Posted 17 March 2012 - 08:24 PM

Is there the liquidity in the system to pay out?
Proof that Brown had repeated IMF / OECD / BIS warnings over house prices and did nothing!!!
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The exponential growth of debt and the unsustainability of debt
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Paying down my mortgage with money found on the street

It's time to sue the Bank of England / Federal Reserve for GROSS NEGLIGENCE
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#7 Mrs Bear

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Posted 17 March 2012 - 09:09 PM

The comments on house prices at the bottom of the article are interesting - have any of you naughty HPCers been lurking there?

Are Retiring Baby Boomers About To Crash The Stock Market?

Fixed link - Read more: http://www.businessi...k-market-2012-3


I don't see the logic of this. Anyone retiring is surely going to be thinking of income and a lot of stocks pay good dividends - considerably better than savings in the bank.

OTOH I suppose they could be cashing in to buy a BTL or two.

#8 stormymonday_2011

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Posted 17 March 2012 - 10:10 PM

The comments on house prices at the bottom of the article are interesting - have any of you naughty HPCers been lurking there?

Are Retiring Baby Boomers About To Crash The Stock Market?

Fixed link - Read more: http://www.businessi...k-market-2012-3


No sh*t. You mean people save money and then they spend it. The bastards. Surely they should leave it all in the possession of Goldman Sachs.

Edited by stormymonday_2011, 17 March 2012 - 10:10 PM.

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#9 Live Peasant

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Posted 18 March 2012 - 09:27 AM

Harry Dent has been touting this for a while. Consumer spending is very predictable and therefore economic cycles.
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#10 cashinmattress

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Posted 18 March 2012 - 01:38 PM

Like it or lump it, this is the way things will pan out.

Also to include (for the UK), mass equity withdrawals, erosion of the medical system, increased cost of nursing home and palliative care.

Things to expect, exclusion from the state medical system for those with X amount of assets, increased taxation for the working generation, big drops in 'safe' stocks.

It will be hellish for the boomers in a decade or so, compared to what their expectations were for retirement with the 1960's mindset.

Property will drop, tax free inheritance thresholds will drop, etc...

On the other hands, it will be a boon for the brokers, tax solicitors, and funeral directors.

EDIT: oh yeah, and that old chestnut of ENERGY. It's going to cost a lot more, with a high probability of rationing in the not too distant future. It will probably start with the greenwash of the UK 'meeting its carbon allowances' but those that know, we have only a few decades of our own indigenous energy left. It's not going to get better.

EDIT 2: and lets not forget about predatory lenders and pawns for your 'poor' granny, having to gift away stuff to eat. It's already here and growing every day.

All said, it could very easily get very messy, even violent, when people start realising that there is no treasure at the end of HM Britannia's rainbow.

Edited by cashinmattress, 18 March 2012 - 01:43 PM.


#11 Voice of Reason

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Posted 18 March 2012 - 02:10 PM

Harry Dent has been touting this for a while. Consumer spending is very predictable and therefore economic cycles.


He has, but I can't help but think he's forgotten a couple of things.

The Dow Jones Industrial Average is made up of 30 companies. Looking that the current constituents you have companies like McDonalds, Coca Cola, Exxon Mobil, Boeing, Catterpiller. Are those companies dependent on the US consumer, or are they global? Might you expect their income to grow from emerging markets if and as it shrinks from the US?

He also must be talking about real decreases in the index, but we could quite easily see nominal increases even as real company values fall if we get the inflationary outcome many think we will.

I like Harry's views but he has to take an extreme view to sell books and seminars and I don't think his demographics mantra is the whole story.
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