Arthur Cordell wrote,
>See the attached WSJ piece below which supports this point, at least the
>boomer withdrawals from mutual funds---those that are looking at 'early
>retirement.'
The author of the WSJ article did a good job of making a human interest
story out of a statistical glacier. Ordinarily, watching a glacier move is
about as exciting as watching paint dry. Every once in a while, though, a
chunk drops off the end and . . . WOW!!
Speaking of glaciers, I would propose that as better metaphor for the
financial markets than the bubble metaphor.
Regards,
Tom Walker
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