Saturday, March 26, 2016

Generation Denialation

"It was a generation of lying bullshit artists"

"Retirement" Visualized
Post-2008, The League of Extraordinary Money Printers were tasked with salvaging retirement for the Baby Boomers aka. the S&P 500, everything and everyone else went under the bus...

S&P Relative Strength peaked two years ago...

MW: March 23, 2016
Author Foresaw Demographic Stock Market Collapse in 2016

"Fourteen years ago, the author of a series of popular personal-finance books predicted that 2016 would bring about the worst market crash in history, damaging the financial dreams of millions of baby boomers just as they started to depend on that money to fund retirement."

"The pullback he predicted is happening."

"In 2002, Kiyosaki wrote that the stock market would crash in 2016 as the first wave of baby boomers began to hit 70 1/2 in 2016 and started taking required-by-law distributions from traditional individual retirement accounts."

"Reality is not an option"