The Boomers are having to work longer because their defined benefit retirement plans were turned into defined contribution retirement plans.  Good for Wall St. and bad for the Boomers.  They also were the first generation that could divorce without social stigma, and they were encouraged to live beyond their means, tho...more

Just a note for all of you who complain about Mirhaydari and Jubak.  No one, NO ONE!, accurately predicts the future, and if you're successful picking stocks say 70% of the time you are on an incredible winning streak.   I read both columnists for the information that their columns provide and completely ignore their s...more

Wonderful article, very informative.

Exactly! Thank you.  Or, perhaps, they could change their goal, 6.5% is just an arbitrary number.

The problem with economics is that there are no controlled experiments.  All actions are taken in a complex and dynamic environment.  The problem with Bernanke's QE, is that if he is wrong, he will be suddenly and irrevocably wrong, and we who have already been paying the price for his actions will pay even more dearly...more

What is this intelligent and reasonable post doing here amongst those who write in every day just too complain about Anthony?

The ECB has attacked a minnow to see just how much they can get away with before confronting bigger fish.  What they discover is irrelevant.  There is simply a tsunami of debt which will not be repaid and cannot be papered over forever.

The debt ceiling was raised 18 times under Reagan.

skynest, I had the same experience with stop/loss orders.  People who suggest them, make it sound as though it's easy to pick a number that protects you, but doesn't put you at the mercy of the traders.