Home › Forums › Financial Markets/Economics › Shrinking Labor Force May Curb U.S. Expansion for Two Decades › BG, I’m with you 100%. I have
BG, I’m with you 100%.
I have been in the market for almost 25 years now in various ways including day trading (of which I did not make millions, LOL…)
From all of the professional newsletters I follow, 90% are shouting “watch out below” for the next decade. These premise are based on:
1. Baby boomers pulling out of stocks (http://www.frbsf.org/publications/economics/letter/2011/el2011-26.html)
2. ECRI reporting new recession through 2013
3. Persistent high unemployment
4. Higher taxes
5. Per Bernanke – Killer inflation coming in future (http://www.theonion.com/articles/drunken-ben-bernanke-tells-everyone-at-neighborhoo,21059/)
I recently sold all of my 401K stock holdings and bought bonds. Ticker: PTTRX.
I also sold all stocks in my taxable brokerage accounts and purchased high yield corporate bonds. Ticker: VCLT.
