A person that has a pension after retirement doesn't need to worry about the GDP or other distant economic figures. By moving us to IRAs, 401ks, etc, we now have a vested interest in seeing the line go up.
A person that has a pension after retirement doesn't need to worry about the GDP or other distant economic figures. By moving us to IRAs, 401ks, etc, we now have a vested interest in seeing the line go up.
Pretty much. And you don't spunk 7 trillion into the market without consequence. Gold hit an ATH, as did the market (so inflation is probably going to be pretty bad). I can see increased demand moving into buying and renting properties assuming interest rates stay low and VIX stays high... What could go wrong? 😀