"That $15 billion to $20 billion a month in retirement money has got to go
somewhere." - Ralph Acompora, Newsweek, August 17, 1998

I'm no match for the tag-team of Henwood and Sawicky. But I'm left with a
nagging question: if the NIPA figures totally discredit the hypothesis of a
"baby boom retirement savings bulge" how does much-hyped Prudential
technical analyst Acompora get away with saying the above? I always thought
ideology was supposed to contain at least a grain of truth.


Regards, 

Tom Walker
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