Bubble update

[Doug Henwood]

Enrique Diaz-Alvarez wrote:
>Finally, last time I brought this up, there wasn't much interest, but
>I'll try one more time. What do y'all think?
>
>
>     Piling up debt to power the rise in shares
>     <Picture>
>     by ANDREW SMITHERS Chairman of fund manager advisers Smithers & Co

The LBO on press now has an article on the stock market that runs through
these numbers, and also sucks some thumb over just what the real returns
are that real investors might expect over the long term. Hint: a lot less
than the average mutual fund investor thinks. Also, yet another rant about
Soc Sec privatization.

Doug