Baby Boomers are saving more and spending less. Most folks don't think they'll see much in the way of Social Security dollars, so there's a big need for retirement savings. |
I think we have a little bit of a correction here. The market was up just over 30 percent (for the year) as little as two weeks ago. A 5 percent correction is not really all that unusual. |
If the long-term bond yield moved back to the 8 percent level we would clearly be beginning to put some pressure as a competitive asset against stocks. I think stocks would have difficulty in that kind of environment. |