Federal Reserve Bank: Hard Years Ahead For Baby Boomers
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 […]
