America’s Baby Boomers: God’s Favorites?
The American baby boomer generation is facing its best investment opportunity since 2003. The stock bull market that began in 1982 coincided with the prime working years of the baby boomers, allowing them to accumulate large savings during these decades.
In recent days, U.S. bond yields have continued to hit new highs, opening the door to allocating bonds for this group of retired investors who have become averse to risk.
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Revelation 6 : It’s not so much that the baby boomers are the favorites, but that the Socialist Democrats have raped the finances of the younger generations for their outrageous, unsustainable programs and the the younger generations keep voting them into office to keep doing it. Not too bright!