Wednesday, February 6, 2013  Friend of the Gormos: JVL  GorT is
a big believer in correlated data and there are certain
demographic trends that aren't looking promising for the United
States.  The one I usually cite is the population numbers by age
versus investment behavior by age.  I believe that there is a
strong possibility that a contributing factor to the slow
recovery from this recession (aside from the terrible policies
and lack of leadership of the Obama Administration) is the large
number of boomers who are starting retirement and shifting their
investment behaviors into a more conservative stance.  There is
data that supports this such as the correlation between P/E
(price to earnings) and the ratio of 40-49 year olds to 60-69
year olds: To read more on this click here.  The other trend is
the national birth rates.  Friend of the Gormogons, Jonathan V.
Last was on CBS This Morning to promote his new book, What to
Expect When No One Is Expecting.   He handles the questions
expertly.  Even with what