Wait Till the Baby Boomers Retire

It is a not commonly pointed out fact that America is not the only country with Baby Boomers. Practically the entire developed world has a plurality of 50+ somethings that are on the verge of retirement...or in the case of Italy, they've already retired about a decade ago.

What also isn't commonly pointed out is that these Baby Boomers will start retiring pretty much now, and if they haven't already, they'll be switching their investments from risky stocks, to less risky bonds.

This selling will put downward pressure on equity prices leaving future stock prices in the hands of future generations to make those companies more profitable than ever so that their stock prices continue to increase.

But, being forever the cynic, when I look at the French students protesting to my Gen X breatheren opining whether Britney Spears is wearing panties, somehow I don't think this



will continue.