Here's my new prediction in light of the return to multi-generational family: it will impact divorce rates and the number of divorces will decrease from the current 50%. You'll also see a drop in the nanny business as the grandparents return to traditional role of pinch-hitter care provider.
and many retirees are going for part-time work, something I see boomers doing. I'm out!
Here's my new prediction in light of the return to multi-generational family: it will impact divorce rates and the number of divorces will decrease from the current 50%. You'll also see a drop in the nanny business as the grandparents return to traditional role of pinch-hitter care provider.
I agree.
"It is a [disputed] question, whether the circulation of paper, rather than of specie, is a good or an evil... I believe it to be one of those cases where mercantile clamor will bear down reason, until it is corrected by ruin." --Thomas Jefferson to John W. Eppes, 1813. ME 13:409
The same people who deny the existence of housing bubble were also predicting DOW 25000 and NASDAQ 30000.
In the end, fundamentals do matter. If the stock of any company has a P/E ratio >10, dump the stock.