Thursday, January 24, 2013

Elderly Caretakers

Elderly caretakers - from retirement home caretakers to hospital staff and everyone else - will be expected to take care of the stock market.  Someone has to buy the stocks being sold off by the elderly (so they may fund their retirement, if they have stocks).
 
Employment level of 25-54 years old divided by the not-employed civilian population of 55+ years old (blue); employment level of 25-54 years old divided by the civilian population of 55+ years old (red).
Not only will there be not be flying cars in the future but there may not be as many people to buy stocks in the future.  Which one has you more disappointed?

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