Zeev's Turnips Patch-No Politics (ZEEV)

[ogm]

Exactly. Not only J6P doesn't have any savings to invest, there is a huge demographics shift looming. Baby boomers shifting into retirement and conservative spending mode, and there is less 40-45 year olds in the currnet generation ( statisticaly considered the main age group for peak earnings and investments ).

Cash levels at mutual funds are very low too. Meaning they are mostly invested already. Last few weeks of funds inflows are very weak too.