Generational Dynamics Forum - New Site

** P/E10 drops below average for the first time since 1995 According to an article in the Wall Street Journal, P/E10 has dropped below average for the first time since 1995. http://online.wsj.com/article/SB122368241652024977.html John I was amused to read the last paragraph in the referenced articl...

I think a significant difference this time is what fraction of mutual fund accounts is in "retirement accounts". These didn't exist in 1929-1932. The tax penalties for removing funds before age 60 are enough that it may be slowing down any panic reaction to the bad news. Yes, a lot of people may rea...

Hi everyone. I've been lurking on the website and blog for over a year -- and very glad to have seen the GD analysis ahead of the current "market adjustment". My calendar age is 50+, my body age I hope is under 50. :-) I thought I'd start contributing some of my ideas, rather than just feed off the ...

I find the administration focus on confidence, and the faith they have in government intervention, laughable. Real finanancial planning (looking ahead more than 2 days or 2 weeks) is possible only when the rules of financial mechanics are stable for the time frame of concern. Each government interve...