Yeah - is analysis on Demographics is certainly excellent.
Really simple easy to understand explanation as to how deleveraging is working within our economies. Also - the baby boomers are not even close to being all retired as yet, so still a lot more unwinding to go.
I need to only look so fay as my parents who have now retired up on Lake Macquarie. Now more big spending/credit for them. Its golf and gardening all the way.
Dow just took a bit of a table as I wrote this. Broke back through up trending resistance that had been very prominent the last couple of months.
