Keyboard worrier
Showing posts with label Clif Droke. Show all posts
Showing posts with label Clif Droke. Show all posts

Thursday, March 13, 2008

In the know

Marty Chenard states something I've suspected, which is that a bear market is when the experts sell to the amateurs. This article seems to confirm that we are indeed in a bear market; on the other hand, Clif Droke thinks "an interim bottoming process is well under way". I like that "interim" - there's a hedge, if you like.

Thursday, November 22, 2007

Baby boom, baby bust

Percentages of the population above age 65 in selected countries


Clif Droke (SafeHaven, yesterday) summarises Edward Cheung's work, which relates the Kondratieff cycle to demographics. The most spoiled generation in history is entering its retirement phase and starting to draw on its accumulated wealth, so creating a growing undertow in the financial tide.