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Is the Fed Really the Ultimate Decider of Interest Rates?
i'm the tail end of the baby bomer. I was born in 19 60, and the analytical work on people in my cohort finds that we have almost nothing in common with the real baby boomers. A lot of them have hung on with their stock portfolios because again, it's what they knew. And they look at bonds ona like, yat, but it doesn't pay me anything. So if we see a situation where rates on bonds became very attractive to people, you might see baby bullers doing a bigger shift of acid class from stocks to bos. All that being said, do i believe in the prospects of the united states of America? Absolutely.