thestatedtruth.com | August 22, 2011
Demographics my dear Watson……According to a Federal Reserve Bank report just out stocks could fall an average of 13% over the next ten years solely because of retiring baby boomers. The actual P/E ratio should decline from about 15 in 2010 to about 8.3 in 2025. The model-generated path for real stock prices implied by demographic trends […]
thestatedtruth.com | December 21, 2010
This pension issue will have to be addressed front and center very soon…..Virginia stopped requiring public employee pension contributions back in 1983, but the free lunch is now OVER! It’s a snow ball going down hill, and we all know how big the snow ball is at the bottom.  Kick the can down the road, until one day the […]
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